INTERACTIVE FIGURES PART 6 Demand and Supply in Factor Markets CHAPTER 18 HOW INCOMES ARE DETERMINED

INTERACTIVE FIGURES

PART 6

Demand and Supply in Factor Markets

CHAPTER 18

HOW INCOMES ARE DETERMINED

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Figure 18.1Figure 18.1

Figure 18.2(a)Figure 18.2(a)

Figure 18.3Figure 18.3

Figure 18.2(b)Figure 18.2(b)

The Value of the Marginal Product at Max’s Wash ‘n’ Wax

The Demand for Labor at Max’s Wash ’n’ Wax: Value of Marginal Product

The Demand for Labor at Max’s Wash ’n’ Wax: Demand for Labor

An Individual’s Labor Supply Curve

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Figure 18.5Figure 18.5

Figure 18.6Figure 18.6

Figure 18.7Figure 18.7

Figure 18.8Figure 18.8

Labor Market Equilibrium

Financial Market Equilibrium

A Market for Land

Economic Rent and Opportunity Cost

Figure 18.4Figure 18.4 The Supply of Car Wash Workers

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Eye On the U.S. EconomyEye On the U.S. Economy

Eye On the U.S. EconomyEye On the U.S. Economy

Reallocating Labor

Interest Rate Fluctuations