Inverse labour demand example

This applet allows to investigate a simple inverse labour demand example with exponential labour supply and Cobb-Douglas productions function. It shows the impact of output prices, productivity and factor substitutability on wages.
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Prof. Dr. Christian Mueller —

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Resource Type
Activity
Tags
cobb-douglas  demand  function  inverse  labour  production  union 
Target Group (Age)
15 – 19+
Language
English (United Kingdom)
 
 
GeoGebra version
4.0
Views
70
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License
GeoGebra Terms of Use
 
 
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