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Unit 6: The FACTOR MARKET

Unit 6: The FACTOR MARKET

Unit 6: The FACTOR MARKET. (aka: The Resource Market or Input Market). Unit 5: The Factor Market. Length: 5-6 Lessons Chapters: 12 & 13 in packet Good News: Only one Graph to learn (PC vs. Monopsony) Application of things we have already learned. Basically just Supply and Demand.

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1.08k views • 84 slides
Unit 5: The Resource Market

Unit 5: The Resource Market

Unit 5: The Resource Market. (aka: The Factor Market or Input Market). Resource Markets. Perfect Competition. Monopsony. Perfectly Competitive Labor Market. Characteristics: Many small firms are hiring workers No one firm is large enough to manipulate the market.

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958 views • 68 slides
Unit 5: The Resource Market

Unit 5: The Resource Market

Unit 5: The Resource Market. (aka: The Factor Market or Input Market). Resource Markets. Perfect Competition. Monopsony. Perfectly Competitive Labor Market. Characteristics: Many small firms are hiring workers No one firm is large enough to manipulate the market.

★ ★ ★ ★ ★

914 views • 68 slides
Unit 5: The Resource Market

Unit 5: The Resource Market

Unit 5: The Resource Market. (aka: The Factor Market or Input Market). Resource Markets. Perfect Competition. Monopsony. Perfectly Competitive Labor Market. Characteristics: Many small firms are hiring workers No one firm is large enough to manipulate the market.

★ ★ ★ ★ ★

684 views • 68 slides
Unit 5: The Resource Market

Unit 5: The Resource Market

Unit 5: The Resource Market. (aka: The Factor Market or Input Market). Resource Markets. Perfect Competition. Monopsony. Perfectly Competitive Labor Market. Characteristics: Many small firms are hiring workers No one firm is large enough to manipulate the market.

★ ★ ★ ★ ★

812 views • 67 slides

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