ECO 365T Wk 5 Discussion – Wage Rate

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

Due Thursday

Respond to the following in a minimum of 175 words:

Discuss how competitive markets determine the wage rate and the quantity of labor that should be employed.

Due Monday

Reply to at least 2 of your classmates. Be constructive and professional in your responses.