3 ms·
Buyers compete against buyers, but sellers also compete against sellers. Employees are sellers of labor.
by gbacon 9y ago
Buyers compete against buyers, but sellers also compete against sellers. Employees are sellers of labor.
- taway20171214 9y ago> Employees are sellers of labor so are most employers.
- TheOtherHobbes 9y agoEmployers can manipulate the market politically much more easily than employees can. The result looks like this: http://econintersect.com/images/2013/10/67888593productivity-wages-1948-2011.JPG http://econintersect.com/images/2013/10/67888593productivity...