Home
reservation wage

reservation wage

lowest wage rate at which a worker would be willing to accept a particular type of job

en-US/ˌɹɛzɚˈveɪʃən ˈweɪd͡ʒ/

en-GB/ˌɹɛzəˈveɪʃən ˈweɪd͡ʒ/

Categories: