equilibrium wage造句

• Those two sides will meet at the equilibrium wage.
• Because workers are paid more than the equilibrium wage, there may be unemployment.
• Assume the equilibrium wages in job F is higher than that of the M jobs.
• The model of a monopsonistic labour market gives a lower quantity of employment and a lower equilibrium wage rate than does the competitive model.
• These supply and demand curves can be analysed in the same way as any other industry demand and supply curves to determine equilibrium wage and employment levels.
• As more people offer their labor in that market, the equilibrium wage decreases and the equilibrium level of employment increases as the supply curve shifts to the right.
• So, as the two sides ( represented by whoever appropriate ) meet at the equilibrium wage point, that illustrates the classic labor theory of supply / demand of labor services.
• In this case, equilibrium wages ( where there is no endogenous tendency for wages to change ) would not be the same as market-clearing wages ( where there is no classical unemployment ).
• As usually the employed workers have the power to set wages, their reduced number incentivizes them to bargain for even higher wages when the economy again gets better instead of letting the wage be at the equilibrium wage level, where the supply and demand of workers would match.
• However, in regions where certain classes of workers are restricted to this type of work or there are contributing regional conditions-for example, high unemployment, adjacent to regions with high poverty, or the recipient of driven labor migration-there will be workers willing to accept lower than equilibrium wages and then these jobs are not well paid.
• When some negative shock reduces employment in a company or industry, there are fewer employed workers left . As the employed workers usually have the power to influence or set wages, their reduced number incentivizes them to bargain for even higher wages when the economy again gets better, instead of letting the wage stay at the equilibrium wage level, where the supply and demand of workers would match.