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Unit: Factor markets
AP Micro:
PRD (BI)
, PRD‑4 (EU)
0
About this unit
How many employees should I hire? What are some of the causes of income inequality? Exploring how supply and demand affect prices in factor markets - the markets for things like labor and capital - will give you tools to address these kinds of questions.AP Micro:
PRD (BI)
, PRD‑4 (EU)
, PRD‑4.A (LO)
, PRD‑4.A.1 (EK)
, PRD‑4.A.2 (EK)
AP Micro:
PRD (BI)
, PRD‑4.B (LO)
, PRD‑4.B.1 (EK)
, PRD‑4.B.2 (EK)
Learn
Practice
- Changes in factor demand and supplyGet 3 of 4 questions to level up!
AP Micro:
PRD (BI)
, PRD‑4 (EU)
, PRD‑4.C (LO)
, PRD‑4.C.1 (EK)
, PRD‑4.C.2 (EK)
, PRD‑4.C.3 (EK)
, PRD‑4.C.4 (EK)
Practice
- Profit-maximizing behavior in perfectly competitive factor marketsGet 3 of 4 questions to level up!
AP Micro:
PRD (BI)
, PRD‑4 (EU)
, PRD‑4.D (LO)
, PRD‑4.D.1 (EK)
, PRD‑4.D.2 (EK)
Learn
Practice
- Monopsony: Foundational conceptsGet 3 of 4 questions to level up!
- Monopsonistic MarketsGet 3 of 4 questions to level up!
Up next for you:
Level up on all the skills in this unit and collect up to 500 Mastery points!Unit test
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