Chapter 20 Factor Market and The Distribution of Income

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Across
  1. 3. Rate/how much it cost to use my car per hour
  2. 5. allocation/how long do the workers work
  3. 6. differentials/I get more money than you because im a boy
  4. 7. capital/stuff we already have to make money
  5. 10. capital/education and skill
  6. 13. when wages higher or lower
  7. 16. Productivity theory/everything put in pays for itself
Down
  1. 1. labor supply curve/this graph shows the wage rate
  2. 2. model/some of you pay higher wages
  3. 4. to earn some money
  4. 8. group is trying to raise these wages
  5. 9. time allocation rule/how much more money do we get from an extra hour of work?
  6. 11. distribution of income/decide where the money goes to make money
  7. 12. of the marginal product curve/shows how much money we make depending on our employer
  8. 14. value of the marginal product/Add 1 get more
  9. 15. of the marginal product/how much will an extra product make us