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Equilibrium wage

wage at which supply and demand of workers is equal

en-GB/ˌiːkwɪˈlɪbɹɪəm ˈweɪd͡ʒ/
en-US/ˌikwəˈlɪbɹiəm ˈweɪd͡ʒ/

Categories:

economic equilibrium