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Micro 5.1 & 5.2 - Introduction to Factor Markets
13:50
YouTubeReviewEcon
Micro 5.1 & 5.2 - Introduction to Factor Markets
This video covers topic 5.1 and 5.2 of the AP Microeconomics Course Exam Description (CED). This video is an introduction to Factor Markets. It covers payments for resources, supply and demand for labor, impact of minium wage, the production function, marginal revenue product, and changes in equilibrium wage. To read more about this topic, head ...
44.7K viewsFeb 22, 2023
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