Describe the role of franchises and nonprofit organizations in market economies., explain labor markets, how they work, and their impact on the United States economy, explain how supply of and demand for labor affect wages, and understand the connection between wages and skill levels. Describe the role of labor unions in market economies.

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
ChapterP3: Market Structure
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Describe the role of franchises and nonprofit organizations in market economies., explain labor markets, how they work, and their impact on the United States economy, explain how supply of and demand for labor affect wages, and understand the connection between wages and skill levels. Describe the role of labor unions in market economies.

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