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Relationship between productivity and the wages

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Reference no: EM131287437

Looking for a detailed answer at least 150 words.

1.) Why is the demand of labor a derived demand?

2.) What is the relationship between productivity and the wages earned by employees where you work or at an organization with which you are familiar?

3.) What are some factors that determine the level of your income? Explain your answer.

Reference no: EM131287437

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