reservation wage (m)

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reservation wage
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İngilizce - İngilizce

reservation wage (m) teriminin İngilizce İngilizce sözlükte anlamı

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