Economics: Private and Public Choice (MindTap Course List)
15th Edition
ISBN: 9781285453538
Author: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher: Cengage Learning
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Question
Chapter 26, Problem 4CQ
(a):
To determine
Discrimination against the minority employees and its impact.
(b):
To determine
Differences in the wages, and employment discrimination.
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Students have asked these similar questions
Most studies indicate that women earn 82% of what men earn. Does this necessarily reflect discrimination or might there be other factors that could explain the difference? Be specific about what those factors are if any.
Consider discrimination in employment. Suppose dark-haired employees don't like working with blonde employees. Could this discrimination explain lower wages for blond employees? If such a pay differential existed, what would an entrepreneur who wants to maximize profits do? If there were many entrepreneurs with the same strategy, what would happen over time?
List the six factors that can explain a variance in earnings. Select ONE factor and list two reasons why this you believe this factor has the most influence in wage differences.
Why is the price elasticity of supply different for low mobility workers and high mobility workers?
In proving that there are earnings differentials caused by discrimination, what three factors are necessary in a study conducted to prove this point?
Chapter 26 Solutions
Economics: Private and Public Choice (MindTap Course List)
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