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4. Suppose the hourly marginal revenue product of all workers in a particular labour market is MRPL = 20 - L, where L = the number of workers. The hourly wage rate for women in this market is W=$5.75. What is the gap between MRPL and wage in this labour market if L = 12? Is this gap a reliable measure of discrimination against women in this market?

4. Suppose the hourly marginal revenue product of all workers in a particular labour market is MRPL = 20 - L, where L = the number of workers. The hourly wage rate for women in this market is W=$5.75. What is the gap between MRPL and wage in this labour market if L = 12? Is this gap a reliable measure of discrimination against women in this market?

Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
8th Edition
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter19: Earnings And Discrimination
Section19.2: The Economics Of Discrimination
Problem 2QQ
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4. Suppose the hourly marginal revenue product of all workers in a particular labour market is MRPL = 20 - L, where L = the number of workers. The hourly wage rate for women in this market is W=$5.75. What is the gap between MRPL and wage in this labour market if L = 12? Is this gap a reliable measure of discrimination against women in this market?
Transcribed Image Text:4. Suppose the hourly marginal revenue product of all workers in a particular labour market is MRPL = 20 - L, where L = the number of workers. The hourly wage rate for women in this market is W=$5.75. What is the gap between MRPL and wage in this labour market if L = 12? Is this gap a reliable measure of discrimination against women in this market?
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