Cambridge Cambridge International AS & A Level Economics 9708 · 8.3.4
marginal revenue product (MRP) theory
- Code
- 8.3.4
- In
- 8.3 Labour market forces and government intervention
- Topic
- 8 Government microeconomic intervention (A Level)
- Course
- Cambridge International AS & A Level Economics 9708
- Board
- Cambridge
Grade boundaries·Cambridge command words
Codes and titles are read by a script from Cambridge's published specification and have not been checked by a person. What each point covers is in the specification itself: Cambridge’s specification.
Points in 8.3 Labour market forces and government intervention
- 8.3.1 demand for labour as a derived demand
- 8.3.2 factors affecting demand for labour in a firm or an occupation
- 8.3.3 Demand curve for labour
- 8.3.4 marginal revenue product (MRP) theory
- 8.3.5 Factors affecting labour supply
- 8.3.6 Supply curve of labour
- 8.3.7 wage determination in perfect markets
- 8.3.8 wage determination in imperfect markets
- 8.3.9 determination of wage differentials by labour market forces
- 8.3.10 transfer earnings and economic rent