Workers it must be the case that the real wage also

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workers, it must be the case that the real wage also has to fall ( as more workers are employed ) This implies that a firm’s demand for labour is a decreasing function of the real wage.
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11 Demand Curve for Labour (Version 1) i i i W MPL P = × i W Money Wage i i D i MPL P L × = No. of Workers
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12 Demand Curve for Labour (Version 2) i i i W MPL P = × Divide both sides by general price level P P W P MPL P i i i = ×
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13 Demand Curve for Labour (Version 2) P W i Real Wage P MPL P L i i D i × = No. of Workers
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