Pages

Saturday, August 11, 2012

Class XI, Principles of Economics, "Relative Wages"

Relative Wages

The concept of relative wages explains the comparison between money and real wages. It explains that only the wages of labourers of different occupations employment or grades are different from each other. It tells that why some men working at the same place and at same level in different organizations receive different wages.

No comments:

Post a Comment