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Chapter 12
How Markets Determine
Incomes
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The Share of Labor
in National Income
T-82
Figure 12-1
Source,U.S,Departmen of Commerce
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Demand for Factors Is Derived from
Demand for Goods They Produce
T-83
Figure 12-2
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Demand for Inputs Derived through
Marginal Revenue Products
T-84
Figure 12-3
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Supply Curve for Factors
of Production
T-85
Figure 12-4
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Factor Supply and Derived Demand Interact to
Determine Factor Prices and Income Distribution
T-86
Figure 12-5
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The Markets for Surgeons
and Fast-Food Workers
T-87
Figure 12-6
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Differences in Earnings on Wealth
T-88
Figure 12-7
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Marginal Product Principles Determine
Factor Distribution of Income
T-89
Figure 12-8