Trade Unions In A Monopsony Labour Market

Trade Unions In A Monopsony Labour Market. Video covering Trade Unions In A Monopsony Labour Market

[AhmedAdel-diqk]

This is a very helpful video.
I and all the students who are watching you, appreciate your hard work and efforts in making such helpful content for students.
I used to watch your videos when since i was doing my AS level and i am still watching for my A2.
AND I CAN CONFIDENTLY SAT THAT THIS YOUTUBE CHANNEL IS ARGUABLY ONE OF A KIND AND IS IF NOT THE BEST.

All the best.

[aleks]

this makes my textbooks explaination seem literally useless, thanks dal <3

[aleks]

smashing revision for micro paper 1 2019, whos with me??

[Officialnusayba]

3 hrs before my exam and im just now learning this lol fear i may not pass

[boitranao]

You're a great guy. The explanation is easy to understand. It helps me a lot. Thank you so

[Platformcamb]

Excellent! thank you. Could you quantify Monopsony power as the amount they suppress wages in an exam essay? e.g. in this market Wc-WM = the monopsony power

[benheaton]

Brilliant video. I'm sick of being fed platitudes about the inefficiency of unions/minimum wage when the reality is much more nuanced

[fastfoodie]

THANK YOU SO MUCH This exact thing came up in my 2024 paper 1 and i had your whole video memorised. I dont have the grade yet but youve given me confidence to keep working through paper 2 and 3! (I love you econplusdaddy)

[DJKICKS]

You’re saving me from my brick-for a head teacher.

[atbusiness]

2:28 The Monopsonist becomes a wage taker! ❤

[Padderrss]

Great video, just wanted to know why a monopsony would hire more workers at a higher wage rate? Obviously it's because Mrp=mc but why is that? Why would employment increase when costs for the firm are higher?

[tbradmart]

If the monopsonist is the state for instance, employing teachers or nurses, what would be the incentive for employing at MRP=MCL if there is no profit incentive?

[arpananepal]

you are the coolest 💙💙
thank you so much!!

[hussainmuhammad]

I have huge huge respect for u sir..from pakistan..ur a great great teacher

[GeraltBosMang]

Love your videos and explanations! Thank you for sharing them.

[daman]

Could you use this graph and these points to talk about a bilateral monopoly ????

[shikshalekhajogoosing]

can u explain economic rent and transfer earnings? plzz..

[dikshaittoo]

Very realistic and helpful. God bless you sir

[PuprleFox]

This video was very helpful to me, thanks!

[supertrainmaniac]

If trade unions are closed shop, why wouldn't they increase wages to the competitive wage rate?