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Unit 5: Factor Markets

Date

Agenda

Homework

 Helpful Videos
 11.30 Introduce unit on factor markets
Resource price determination
MC 69 and 70
Notes 71
 Marginal product of labor link
12.4 Factor markets
4.2, 4.3, 4.4
MC 71
MPR curve link 
Hiring based on MPR curve link
Minimum wage link
 11.30 Competition vs. monopsony
Study for quiz over unit 5 
Answers to packet
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