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Grade 9-12
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Video

Who Decides Wage Rates? | Lesson Demo

Updated: September 30 2015,
Author: barrel fan
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Standards

State Standards

Concepts

Budgeting, Demand, Division of Labor/Specialization, Markets and Prices
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This video models Lesson 13 from CEE’s High School Economics publication in the classroom. It discusses lesson objectives and provides pointers for teaching about how demand and supply for labor determine market wage rates and how wages depend, in part, on individual productivity.

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