Statements (23)
Predicate | Object |
---|---|
gptkbp:instanceOf |
Economic concept
|
gptkbp:affects |
gptkb:technology
Productivity Demand for goods and services Wage rate |
gptkbp:analyzes |
gptkb:Neoclassical_economics
|
gptkbp:contrastsWith |
Labor supply
|
gptkbp:decreasesWhen |
Wages increase (ceteris paribus)
|
gptkbp:determines |
Marginal productivity of labor
|
gptkbp:graphicallyRepresents |
Downward sloping curve
|
https://www.w3.org/2000/01/rdf-schema#label |
Labor Demand
|
gptkbp:increasesWhen |
Wages decrease (ceteris paribus)
|
gptkbp:measures |
Number of workers firms are willing to hire
|
gptkbp:partOf |
Derived demand
|
gptkbp:relatedTo |
occupation
Wages Labor market |
gptkbp:shiftsWhen |
Demand for final goods changes
Productivity changes Technology changes |
gptkbp:studiedIn |
gptkb:Microeconomics
|
gptkbp:bfsParent |
gptkb:Daniel_S._Hamermesh
|
gptkbp:bfsLayer |
8
|