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Lecture Introduction to economics: Social issues and economic thinking: Chapter 9 - Wendy A. Stock

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Chapter 9 - Wage determination and superstar salaries. After completing this unit, you should be able to: Explain how buyers in the labor market make hiring and salary decisions, demonstrate the importance of the value of the marginal product of labor and the marginal cost of labor, explain why there are pay differences across occupations.

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Nội dung Text: Lecture Introduction to economics: Social issues and economic thinking: Chapter 9 - Wendy A. Stock

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