Using the concept of opportunity cost, explain why discrimination against any population group is economically inefficient?

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: 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: In what decades did US female labor force participation increase the most rapidly? What factors…

A: Hey, Thank you for the question. According to our policy we can only answer 3 subparts per question.…

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: 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: Explain the discrimination coefficient.

A: The coefficient of discrimination takes into account the cost that employers feel as extra when they…

Q: The labor demand and supply data in the following table relate to a single occupation. Use them to…

A: Hi, thank you for the question. As per our Honor code, we are allowed to attempt only the first…

Q: Economic discrimination takes place when an employer  pays workers the lowest wage possible. pays…

A: In the labour market, the demand for labour is a derived demand as it depends upon the demand for…

Q: Is the following statement True or False? "Employer Taste Discrimination models of wage inequality…

A: When talking about Employer taste discrimination model, it is the strategy of a firm to hire labor…

Q: how we can think about unions, discrimination, and immigration in the labor discipline model. Just…

A: ANSWER   Labor discipline model is based on the assumption that the owner or the employer know how…

Q: Why do economists say that discrimination is inerhently inefficent and therefore will not occur in…

A: Discrimination is the process of charging different prices from a different individuals in the…

Q: Example of how to fight discrimination using modals

A: Discrimination is when persons and groups are treated unfairly or unfairly because of their colour,…

Q: Do the forces of economic competition tend toexacerbate or ameliorate racial discrimination?

A: Discrimination refers to the provision of different opportunities or benefits to similar individuals…

Q: Discuss how upward-sloping age-earnings profiles can elicit more effort from workers.

A: Upward slopping age earning profiles helps to reduce shirking of workers as the workers get less…

Q: One possible measure of gender discrimination is to look at the difference between the average male…

A: Gender discrimination at workplace is primarily explained by the wage gap between the men and women…

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: Consider discrimination in employment. Suppose dark-haired employees don't like working with blonde…

A: Individuals are denied opportunities at work, and societies are robbed of what those people can and…

Q: Does inequality necessarily suggest unfairness? Explain.

A: Inequality is not beneficial to society,but it may not harm society also. Some theories suggests…

Q: Is America a meritocracy?

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

Q: a. as the African American-white wage ratio falls, firms will raise their discrimination…

A: Answer:   Option (b) is Correct

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: 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: 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: Most economists believe that only part of the gap between the wages of white males and the wages of…

A: Note: We will answer the first question as the exact one was not specified. Please resubmit a new…

Q: should employment be based on meritocracy, need, or affirmative action-type policies designed to…

A: Meritocracy proposes that employment should be based on the right ability and choosing the right…

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: Does a gap between the average earnings of men and women, or between whites and blacks, prove that…

A: In labour economics, discrimination is mainly associated with the employer and employee…

Q: Lawyers for the Brown family used the doll experiments to show that O white children would welcome…

A: A crucial consequence of segregation is a conflict in the individuals' self-portraital, in the…

Q: How does poverty relate to discrimination and inequality? Explain

A: The World Bank defines poverty as a "pronounced inequality of well-being" (Haughton and Khandker,…

Q: What are the arguments for and against affirmative action?

A: An affirmative action is an approach where a person's tone, race, sex, religion or public source are…

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.