Saturday, February 27, 2010

Occupational Crowding for Microeconomics

Summary: When the supply of labor increases, the wage rate falls as shown here.

About the Author: Mike Fladlien is an AP Economics teacher from Muscatine High School in Muscatine, IA. He is an author, and also publishes the Mikeroeconomics and iMacroeconomics VB blogs.


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