Income and Substitution Effects of a Wage Increase

Graphical and algebraic demonstration of Income and Substitution effects on an individual's labor supply due to a wage increase in a labor market.

 

Marsh

 
Tipo de recurso
Actividad
Etiquetas
economics  income  indifference  labor  neoclassical  substitution  supply  utility  wages 
Grupo destino (edad)
19+
Idioma
English (United States)
 
 
Versión de GeoGebra
4.0
Vistas
2816
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