Réponse
employment rent per hour = wage−reservation wage−disutility of effort = wage−unemployment benefit−disutility of effort
Colonne
Explication
= 12 $ - 6 $ - 2 $ = 4 $/
the effect of wage increase is high when the effort is low/ Disminishing marginal returns wage=smaller effect on effort
Question
calculation of employment rent (Maria exemple)
Thématique
