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Microeconomics II
book

Microeconomics II

by D.N. Dwivedi
August 2011
Intermediate to advanced content levelIntermediate to advanced
368 pages
14h 51m
English
Pearson India
Content preview from Microeconomics II
170 Chapter 7
however, developed factor-pricing theory, especially wage determination, under dierent kinds of market
conditions. In this chapter, we are concerned with the theory of wage determination. e theory of wage
determination developed under dierent kinds of market conditions are generally classied as under.
1. Wage determination under perfect competition and
2. Wage determination under imperfect conditions.
In this chapter, we discuss the factor pricing under perfect competition. Factor-pricing theory under
imperfect conditions will be discussed in the next chapter.
WAGE DETERMINATION IN A PERFECTLY COMPETITIVE
MARKET
As already n ...
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Publisher Resources

ISBN: 9788131797655