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Managerial Economics

Application of Wage Theory

Group Members(Grp no-8)


Saloni . Krishnan R. Vinay K. Bhagirath A. Sahkib M. Harshwardhan A. Amit J. Vikrant G. 5738 5757 5759 5761 5762 5760 5748 5752

Contents To Presented
1. Introduction (Minimum Wage Theory). 2. Effects of Minimum Wage Theory in perfectly competitive market . 3. Justification of Wage Law.

4. Minimum Wage laws ,Monopsony and Trade Union.

Introduction
Minimum Wage Theory

Effects of Minimum Wage Theory in perfectly competitive market .

Justification of Wage Law


1. Analysis.
2. Negative effect. 3. Inflations effects.

4. Promotion of social equality.

Minimum Wage laws ,Monopsony and Trade Union.

THANK YOU To one and all present.

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