chapter 19 input markets and the origins of class conflict

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Chapter 19

Input Markets and theOrigins of Class Conflict

Copyright © 2001 Addison Wesley Longman

Slide 19- 2

Figure 19.1 Deriving the Marginal Physical Product of Labor

Copyright © 2001 Addison Wesley Longman

Slide 19- 3

Figure 19.2 The Marginal Revenue Product Curve

Copyright © 2001 Addison Wesley Longman

Slide 19- 4

Figure 19.3 A Firm’s Decision about Hiring Labor

Copyright © 2001 Addison Wesley Longman

Slide 19- 5

Figure 19.4 The Demand for Labor

Copyright © 2001 Addison Wesley Longman

Slide 19- 6

Figure 19.5 Deriving the Market Demand for Labor

Copyright © 2001 Addison Wesley Longman

Slide 19- 7

Figure 19.6 The Labor Supply Curve for an Individual Worker

Copyright © 2001 Addison Wesley Longman

Slide 19- 8

Figure 19.7 Deriving the Market Supply Curve for Labor

Copyright © 2001 Addison Wesley Longman

Slide 19- 9

Figure 19.8 Determining the Equilibrium Market Wage

Copyright © 2001 Addison Wesley Longman

Slide 19- 10

Figure 19.9 The Conflict over the Surplus in a Firm

Copyright © 2001 Addison Wesley Longman

Slide 19- 11

Figure 19.10 The Decision to Save

Copyright © 2001 Addison Wesley Longman

Slide 19- 12

Figure 19.11 Deriving the Supply Curve for Loanable Funds

Copyright © 2001 Addison Wesley Longman

Slide 19- 13

Figure 19.12 The Supply of Loanable Funds

Copyright © 2001 Addison Wesley Longman

Slide 19- 14

Figure 19.13 The Demand for Loanable Funds by a Firm

Copyright © 2001 Addison Wesley Longman

Slide 19- 15

Figure 19.14 The Market Demand Curve for Loanable Funds

Copyright © 2001 Addison Wesley Longman

Slide 19- 16

Figure 19.15 The Market for Loanable Funds

Copyright © 2001 Addison Wesley Longman

Slide 19- 17

Figure 19.16 The Market Determination of Rent

Copyright © 2001 Addison Wesley Longman

Slide 19- 18

Figure 19.17 A Monopsonistic Labor Market

Copyright © 2001 Addison Wesley Longman

Slide 19- 19

Figure 19.18 A Bilateral Monopoly

Copyright © 2001 Addison Wesley Longman

Slide 19- 20

Figure 19.19 The Alternating Offer Sequential Bargaining Game

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