PRINCIPLES OF ECONOMICS Second Edition Chapter 15 WAGE RATES IN COMPETITIVE LABOR MARKETS 78
Gottheil 2e Comprehensive (Exhibit 15.1), Micro (Exhibit 15.1), Macro (Exhibit —) ©2000 South-Western College Publishing Output and Marginal Physical Product Curves 79
Gottheil 2e Comprehensive (Exhibit 15.2), Micro (Exhibit 15.2), Macro (Exhibit —) ©2000 South-Western College Publishing Deriving the Marginal Labor Cost Curve 80
Gottheil 2e Comprehensive (Exhibit 15.3), Micro (Exhibit 15.3), Macro (Exhibit —) ©2000 South-Western College Publishing The Demand for Labor 81
Gottheil 2e Comprehensive (Exhibit 15.4), Micro (Exhibit 15.4), Macro (Exhibit —) ©2000 South-Western College Publishing Shift in the Demand Curve for Labor Caused by an Increase in the Price of the Good 82
Gottheil 2e Comprehensive (Exhibit 15.6), Micro (Exhibit 15.6), Macro (Exhibit —) ©2000 South-Western College Publishing Industry Demand for Labor 83
Gottheil 2e Comprehensive (Exhibit 15.7), Micro (Exhibit 15.7), Macro (Exhibit —) ©2000 South-Western College Publishing The Supply Curve of Labor 84
Gottheil 2e Comprehensive (Exhibit 15.8), Micro (Exhibit 15.8), Macro (Exhibit —) ©2000 South-Western College Publishing Changes in the Supply Curve of Labor 85
Gottheil 2e Comprehensive (Exhibit 15.9), Micro (Exhibit 15.9), Macro (Exhibit —) ©2000 South-Western College Publishing The Backward-Bending Supply Curve of Labor 86
Gottheil 2e Comprehensive (Exhibit 15.10), Micro (Exhibit 15.10), Macro (Exhibit —) ©2000 South-Western College Publishing The Labor Market 87
Gottheil 2e Comprehensive (Exhibit 15.11), Micro (Exhibit 15.11), Macro (Exhibit —) ©2000 South-Western College Publishing North-South Wage Rate Differentials 88
Gottheil 2e Comprehensive (Exhibit 15.13), Micro (Exhibit 15.13), Macro (Exhibit —) ©2000 South-Western College Publishing The Effects of Minimum Wage Rates 89