Topics
Marginal revenue product theory
The MRP curve is the demand curve for labour. This is because a firm should only pay a worker a wage that is less than or equal to that worker’s marginal revenue product.
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Marginal Revenue Product - MCQ Revision Question
Practice Exam Questions
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EdExcel Theme 3 Micro Knowledge Book - Labour Markets
Quizzes & Activities
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Marginal decisions in economics
Study Notes
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'Fat Cat Thursday' - 04 January 2018
4th January 2018