Question

In: Economics

What are the Factors shaping the supply and demand for labor, taking into account the specific...

What are the Factors shaping the supply and demand for labor, taking into account the specific features of the USA economy.

Discuss about The problem of monopolization of the market and anti monopoly policy in France

Solutions

Expert Solution

A labor supply curve is the number of persons who are willing to and able to work and Demand for labor shows the number of workers firms are willing and able to hire at diffrent wages.

Basically many factores are influence the demand and supply of labores these are

Income and substitution effect of wages

Difficulty of getting the qualified job

The wages and conditions of other jobs

Demographic changes

Number of qualified persons

In USA labors are categorised person who work for emploers and fir their own households. In labor market in which workers are find job and emploers are demand the labors.

In USA the factors influencing labor and labor markets are

  • LABOR UNIONS:
  • IMMIGRATION
  • DISCRIMINATION
  • UNEMPLOyMENT
  • INEQUALITy

Monopolization of markets and anti monopolization act in France was followed the European Union model.

and it is also a move towards unfair competetion and company mergers etc.

It is a turn towards Monopoly policy to antimonopoly policies.


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