Chullo 1

Economy3.11 KB

its components work and work is in providing both physical and intellectual man performing xa d contribute to the production of goods and services and wages are the workers receive renumeracionq x produccion.En their contribution to this market's role businesses and households is the inverse of q d on the markets have goods and toilets on the property market the offering ment firms and households demand in the market but d work is companies require workers q and families who volunteer their trabajo.Clasifica:
- Population 16 or + years total population is of legal age x to be working - working population consists of persons aged x and q qieren work include alos work to find work and those who fail to distinguish between: population occupied: formed by q tienen1 latest matches directly active work ox x cunta self employed --population unemployed or stop: q latest matches directly active job seekers find employment xo not inactive: latest matches directly q xa working age have different reasons yqx not looking for work: students, people with disabilities, householders, retirees, etc. Supply and demand for labor observed when the wages of individual workers within a country, we inding with dramatic differences, nevertheless exists in every country 1nivel average wage must be analyzed to understand how markets work, we assume that this is d perfectly competitive market, and there's supply and demand charact:

labor supply PA volume the higher the greater the supply of labor - the q number of hours each person is willing to work as q percibido.Los wage workers depend offer their work to companies in exchange for a wage and while working, giving up other activities if wages increase, people will be motivated to work + + opposite happens when wages disminuyen.La labor supply curve d as a function of wages is creciente.No But when wages are high, muhas people prefer to work - and buy-and leisure available + --labor demand d xa companies need workers to develop their business actividad.Los be willing to hire new employees always q revenue earned through its work wages are higher q q q they have to pay. Ie that the demand will depend on the wage and productivity of workers. If businesses increase wages will reduce the demand for labor as it is + contratar.La expensive labor demand curve as a function d dl wage is decreasing.
contract: agreement of wills by which a person is obliged to perform 1 job personally and voluntarily under the organization and direction d another and for a renumbering

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