More cards in this set

How does taxation effect the supply curve of labour?

What are the conditions for perfectly competitive labour markets?

When should a firm hire more or less workers and where is the profit maximising level of employment?

Evaluate perfectly competitive labour markets

Define Monopsony and give an example of a monopsony labour market

Where is a monopsonist level of employment

Define a trade union

Define collective bargaining

What assumptions are made when analysing the influence of trade unions?

Define closed shop