interactive figures part 6 demand and supply in factor markets chapter 18 how incomes are determined
TRANSCRIPT
INTERACTIVE FIGURES
PART 6
Demand and Supply in Factor Markets
CHAPTER 18
HOW INCOMES ARE DETERMINED
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Figure 18.1Figure 18.1
Figure 18.2(a)Figure 18.2(a)
Figure 18.3Figure 18.3
Figure 18.2(b)Figure 18.2(b)
The Value of the Marginal Product at Max’s Wash ‘n’ Wax
The Demand for Labor at Max’s Wash ’n’ Wax: Value of Marginal Product
The Demand for Labor at Max’s Wash ’n’ Wax: Demand for Labor
An Individual’s Labor Supply Curve
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Figure 18.5Figure 18.5
Figure 18.6Figure 18.6
Figure 18.7Figure 18.7
Figure 18.8Figure 18.8
Labor Market Equilibrium
Financial Market Equilibrium
A Market for Land
Economic Rent and Opportunity Cost
Figure 18.4Figure 18.4 The Supply of Car Wash Workers
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Eye On the U.S. EconomyEye On the U.S. Economy
Eye On the U.S. EconomyEye On the U.S. Economy
Reallocating Labor
Interest Rate Fluctuations