Re: DSE 2004 Q.24 and Q.25

Posted by Do bats eat cats? on Jun 23, 2013; 2:47pm
URL: http://discussion-forum.276.s1.nabble.com/DSE-2004-Q-24-and-Q-25-tp7582771p7582789.html

Because at w = 1/2, demand and supply of labour is 1/2?
D(w) = 1 - w and S(w) = w. I substituted the market clearing wage in the equations.

I hope I'm not confusing you further