The measurement of the social opportunity cost of labor in a labor surplus economy.
By: Meyers, William H.
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Item type | Current location | Call number | Copy number | Status | Date due | Barcode |
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INESOR Library On Shelf | XX(11202.1) (Browse shelf) | 1 | Available | 11202-1001 |
The question discussed here is how to approach the estimation of social opportunity cost of labor when faced with such a variance in observed market wages, the possible inequality between wage and marginal product, and open unemployment.
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