Supply and Demand for Labor

[@sctttmmy]

At 2:16 you state "As the real wage rate decreases, the amount of labour demanded by the firm decreases". Shouldn't this state the amount of labour demanded increases?

[@dando2841]

this man may or may not be drunk based on his diction

[@andrinorrawi1921]

it should be as the real wage rate decrease, the amount of labour demand by the firm increase right? negative relationship

[@headhunter3744]

at2:16..u said as real wage rate fall the no labour demand by firm will also fall...NOW WHO IN THE RIGHT MIND WILL NOT DEMAND MORE MAN POWER IF THEY ARE WILLING TO WORK AT LOWER SALARY.!!!!

[@molesataro9592]

The Best explanation and well absorbed. Thank you very much.

[@OCCSFECON]

I am glad the video was helpful.

[@ghatrifi0072]

If u can provide the equations for the graphs it would make sense on how u draw it

[@yuvijathol6834]

Thanks for this I completely understand this

[@nootgourd3452]

💀💀💀

[@torment6425]

the weal wage wate

[@Fonseca429]

Wich application did you use?

[@thetrianglewaffle]

why will a firm demand more labour if the wage rate is low?
can someone please explain this to me. It makes no sense

[@ziyadahmed5972]

This is the main point , if wages are low the factory owner can demand for more workers ,to do more work ,so increasing productivity

[@taniam.morgan4263]

Because nobody would want to work there if the wages are too low..

[@hannahzagray2722]

At this point I am seriously thinking about quitting my day job, I have been making $1260 daily using the *Blended Model Strategy* taught to me by a genius trader *Dmitry Vladislav* , three months in with so much consistency I am contemplating it seriously. Should I or shouldn't?? however, you can search the internet to get started with the strategy of Mr. Vladislav

[@dilfhunter5645]

i understand supply and demand, but dont understand the graphs. for example, if there are 20 people demanding cds, but there's only a supply of 10 of them, the price of an individual cd would go up. but if there were only 10 people demanding cds, but there were 20, the price for the cd would go down, right? then how come on every single fuckin graph i see of supply and demand, when there is a high demand yet low supply, the price is low? can someone please explain to me why the graph is like that, cuz i don't understand it. i understand why the graph is like that, but don't understand why the graph isn't the way that i explained w/ the cds before. thank you.

[@dilfhunter5645]

TheCatLord thanks. i finally understood the graph a while ago but thanks for explaining it still

[@taconight2night]

here say it with me- "Real. Wage. Rate." lol just joking.. thanks!

[@AndrewGenet]

Wheel rage weight

[@TheBigBMoss]

Real rage rate

[@donellelazott3812]

I can't... =/

[@saitdeniz1600]

Thanks for the Video but Please improve your diction or somebody else should speak in the video. I can't understand the words you said.

[@AndrewGenet]

wheel rage weight

[@hannahzagray2722]

At this point I am seriously thinking about quitting my day job, I have been making $1260 daily using the *Blended Model Strategy* taught to me by a genius trader *Dmitry Vladislav* , three months in with so much consistency I am contemplating it seriously. Should I or shouldn't?? however, you can search the internet to get started with the strategy of Mr. Vladislav

[@tasnimnujhat9546]

u did one mistake

[@williminayatsallie1976]

your law of demand is wrong. increase in salary decreases labor
decrease in salary increases labor

[@OCCSFECON]

Thank you pointing this out. I will review and make the corrections.