1. Chapter 03 Derek Laing The Short-Run Demand for Labor

2. Labor Economics Copyright © 2011 by W.W. Norton & Company, Inc. Assumption 3.1

3. Labor Economics Copyright © 2011 by W.W. Norton & Company, Inc. Assumption 3.2

4. Labor Economics Copyright © 2011 by W.W. Norton & Company, Inc. Figure 3.2 The Short-Run Technology: y = f(L)‏

5. Labor Economics Copyright © 2011 by W.W. Norton & Company, Inc. Figure 3.3 The Short-Run Production Function: y = f (L)‏

6. Labor Economics Copyright © 2011 by W.W. Norton & Company, Inc. Assumption 3.3

7. Labor Economics Copyright © 2011 by W.W. Norton & Company, Inc. Definition 3.3

8. Labor Economics Copyright © 2011 by W.W. Norton & Company, Inc. Figure 3.5 The Optimal Choice

9. Labor Economics Copyright © 2011 by W.W. Norton & Company, Inc. Figure 3.7 The Monopolist’s Labor-Demand Curve

10. Labor Economics Copyright © 2011 by W.W. Norton & Company, Inc.

11. Labor Economics Copyright © 2011 by W.W. Norton & Company, Inc. Figure 3.9 The Monopsonist’s Demand for Labor

12. Labor Economics Copyright © 2011 by W.W. Norton & Company, Inc. Equation 3.19

13. Labor Economics Copyright © 2011 by W.W. Norton & Company, Inc. Figure 3.10 The Effect of a Wage Floor on a Monopsonist