The Demand for Resources (2): MRP, MPL, & Hiring Decisions

[@chaumbambondo3961]

Thanks. Kindly consider econometrics lessons too.

[@DietaryFiber1018]

老師您好：想請教一個要素市場的問題，當商品市場獨賣、勞動市場完全競爭時，個別廠商達到利潤最大的勞動僱用量時，獨賣剝削(monopolistic exploitation)的「總額」，在圖形上怎麼表示呢？謝謝您~

[@IrisFranz]

You’ve asked a very interesting question; I had fun trying to show it on the diagram! I cannot post the graph here though. I suggest that you read the following article first, and then sketch MRP with perfectly competitive market MRP (p*MPL) and monopoly MRP (MR* MPL) on the same diagram. Then determine how many workers to hire under monopoly. The difference between two MRPs will be the level of exploitation. The shape of the total exploitation should be a trapezoid. Best luck! www.economicsdiscussion.net/imperfect-competition/monopolistic-exploitation-of-labour-imperfect-competition/24230

[@DietaryFiber1018]

@@IrisFranz 老師謝謝您的回覆，這樣子我就懂了，感恩。