Explain how institutional discrimination can happen in a contemporary society. Please give one contemporary example.

Q: Briefly discuss the utilitarian, right, and justice arguments against discrimination.

A: Discrimination based on economic grounds is known as economic discrimination.Job availability,…

Q: both Thomas malthus and David Ricardo, who described the "iron law of wages," linked poverty to?

A: Iron law of wages was given in 1817 by David Ricardo.

Q: With examples, Differentiate between discrimination and pre-market discrimination with respect to…

A: Labor Economics is a study of the organization, institutions and behaviour of the labor market in an…

Q: The demand theory of discrimination focuses on which of the following? The demand for female labour…

A: The demand theory of discrimination states that discrimination occurs when despite the same…

Q: Define the term Concentrated poverty?

A: Absolute and Relative Poverty: The absolute poverty refers to poverty when the income of a person is…

Q: List the causes of structural poverty?

A: Poverty is about not having enough money to meet individuals' basic needs, including food, shelter,…

Q: Suppose that, on average, men earn $17 an hour and have an average of 15 years of schooling. Women…

A: Given: Average earning of man : $17 per hour Average earning of woman : $15 per hour Average years…

Q: Give an example of how discrimination might persistin a competitive market.

A: In competitive markets, discrimination generally occurs when the state or the government forms a…

Q: Suppose the discrimination coefficient increases as the firm employs more black workers. In…

A: Given: The discrimination coefficient is d = 0.01 EB The competitive wages of wW for whites and wB(1…

Q: What were some explicitly discriminatory acts and policies in Canadian immigration history? Provide…

A: Migration is the process by which people become permanent residents or citizens of another nation.…

Q: The dynamic nature of poverty can be observed through... [Select multiple answers]    a transition…

A: Poverty refers to the situation when some of the people are unable to get basic necessities with…

Q: At the end of World War II, the international labor conference adopted a declaration which stated…

A: After the end of the World War II, various policies or regulation are implemented on the global…

Q: Define what you understand by “Ideological racism” and how does it differ from institutional racism?…

A: IDEOLOGICAL RACISM  Ideological racism is the manner by which society comprehend race using…

Q: Workers are worse off when they face a monopsonistic labor market.

A: Monopsony labor market is a market in which there is only one employer. A monopsony operates on the…

Q: Social inequality has material and ideological roots. Explain and provide an examples

A: Social inequality - When there is an unequal distribution of wealth resources or opportunities…

Q: With examples, define Monopsonistic discrimination.

A: Monopsony is the market where there is single buyer.

Q: es of economic competition tend to exacerbate or ameliorate discrimination based on race?

A: Economist believes that competitive market economies provide a natural antidote to discrimination…

Q: Define the term Structural Causes of Poverty?

A: Structural poverty can be defined as the poverty which arises due to the designed structure of the…

Q: Is America a meritocracy?

A: The term Meritocracy refers to such kind of government which is ruled people from the educated…

Q: Please tell the criticisms of the MARXIAN THEORY OF THE ECONOMICDEVELOPMENT

A: The economic development theory proposed by Karl Marx stated that a country can achieve high growth…

Q: Differentiate equality from equity

A: The dictionary meaning of equality is the state of being equal especially with regard to status,…

Q: What does it mean to say that sexism, racism, and heterosexism arise from the same source?3. On what…

A: Sexism, racism, and heterosexism form an intricately destructive, separate, and intertwined societal…

Q: Describe how income inequality and poverty are explained by the structural functional, conflict, and…

A: Poverty is directly proportionate to inequality: the rich get richer, while the poor get poorer.…

Q: Suppose there are two occupations: nurses and doctors. Draw hypothetical supply and demand graphs…

A: Since, women and men are preferred each job, the supply is same. Assume that women are unqualified…

Q: Is there an economic basis for the hostility towardunauthorized immigrants?

A: When talking about unauthorized immigrants, they are the people who do illegal migration from their…

Q: Describe several causes of imperfectlycompetitive labor markets and their effect on workersand…

A: Imperfect information in labor market leads to wage rates which are different than the equilibrium…

Q: One theory of a contributor to poverty is that it plays an important role or function in society and…

A: Poverty in the simplest language or sense is known to be as the state where actually one lacks basic…

Q: Explain why market forces are likely to eliminate discrimination

A: At a marketplace, discrimination refers to the situation when same product if provided to two or…

Q: Which of the following statements is correct?     If potential employers could observe the…

A: Statistical discrimination relies on costs and risks for explaining income disparities among…

Q: What would you expect to happen to wages in a monopsonistic labor market?

A: A monopsony is a business environment in which only one purchaser, the monopsonist, is present. A…

Q: Q)Discuss some empirical evidence on the importance of monopsony in affecting wages and inequality.…

A:

Q: Compare and contrast the impact of a minimum wage law vs. a cash transfer program in the labor…

A: A minimum wage law states wage being set above equilibrium level. This causes a decrease in firms'…

Q: Using the concept of opportunity cost, explain why discrimination against any population group is…

A: Discrimination against any population group is economically inefficient because it prevents the…

Q: What do you understand by discrimination? Discuss the different types of discrimination. Also…

A: The prevailing selling price where a product or service may be purchased or offered is known as the…

Q: hich of the following is the BEST example of monopsony employer? a.Hiring of book keepers by…

A: A monopsony happens when there is a sole or a predominant employer in a work market. This implies…

Q: Explain the trade-off between equity and efficiency in povertyreduction policy.

A: Equity is defined as the equitable allocation of resources among the people in the economy.…

Q: Describe how the concepts of poverty, inequality, and discrimination are interrelated. Cite a…

A: The economics as a study is based upon the idea that the resources which are present with the…

Q: What factors create the link between wages and productivity that is at the heart of efficiency wage…

A: The idea of the efficiency wage theory is that increasing wage can lead to increased labor…

Q: You are less likely to find a monopsonistic labor market in a large city such as…

A: Markets are different types on the basis of number of sellers and buyers. Also market can be…

Price Discrimination

Price discrimination or differential pricing is based on the principle that the seller will charge the buyer a price based on the buyer’s ability and willingness to pay for the product rather than applying uniform pricing for all.