A level Economics Flashcards on Labour Markets, created by Oliver Philpott on 09/02/2017.
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Created by Oliver Philpott
over 7 years ago
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Close
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Created by Oliver Philpott
over 7 years ago
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Derived Demand
Marginal productivity theory
Marginal revenue product (MRP)
Marginal physical product (MPP)
Demand curve for labour
Determinants of labour demand: wage rates
Determinants of labour demand: labour productivity
Determinants of labour demand: the price of substitute factors
Determinants of labour demand: other labour costs
Elasticity of demand for labour
Determinants of elasticity of demand for labour: ease of substituton
