English - Turkish
Definition of reservation wage (m) in English Turkish dictionary
- reservation wage
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Related Terms
English - English
Definition of reservation wage (m) in English English dictionary
- reservation wage
- (Ekonomi) Reservation Wage is a concept in Labor economics which suggests that each worker has a specific wage rate whereby they are induced to perform paid market work. Wages offered below a worker's reservation wage would keep said worker from participating in the labor force
Related Terms
reservation wage (m)
Hyphenation
res·er·va·tion wage (m)Resimler
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