Answering all questions compulsory... 5. Discrimination in the labor marketThe following table exhibits the name, gender, height, and minimum wage 10 people are willing to accept to work as travel nurses at a regionalhospital.HeightName Gender (Inches)Minimum Wage(Dollars per week)GilbertoM69$297RosaF64$317AlyssaF66$334NickM72$350TimM70$371CrystalF64$397BrianM72$417KevinM69$432EdisonM66$457HilaryF70$473The lowest weekly wage that the hospital can spend in order to hire five travel nurses is $Suppose the hiring director of the hospital prefers taller candidates because they think it will increase revenue, and so they impose a requirement thatall newly hired travel nurses must have a height of at least 68 inches. With this mandate in place, the weekly wage rate the hospital now must pay inorder to hire five travel nurses increases by S

Part 1: Lowest Weekly Wage to Hire Five Travel NursesFirst, let's find the five individuals with the…

Answered: 5. Discrimination in the labor market…

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter11: Labor Markets

Section: Chapter Questions

Problem 2SQP

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Similar questions

Other than the demand for labor, what would be another example of a 'derived demand?
Name some factors that can cause a shift in the demand curve in labor markets.
Table 14.11 shows levels of employment (Labor), the marginal product at each of those levels, and a monopolys marginal revenue. What is the monopolys marginal revenue product at each level of employment? If the monopoly operates in a perfectly competitive labor market where the going market wage is 20, what is the films profit maximizing level of employment?
Table 14.12 shows the quantity demanded and supplied in the labor market for driving city buses in the town of Unionville, where all the bus drivers belong to a union. What would the equilibrium wage and quantity be in this market if no union existed? Assume that the union has enough negotiating power to raise the wage to 4 per hour higher than it would otherwise be. Is there now excess demand or excess supply of labor?
What is die price commonly called in the labor market?
Does a gap between the average earnings of men and women, or between whites and blacks, prove that employers are discriminating in the labor market? Explain briefly.
Does the earnings gap between the average wages of females and the average wages of males prove labor market discrimination? Why or why not?
5. Discrimination in the labor market The following table lists the name, gender, height, and minimum wage 10 people are willing to accept to work as sales clerks at a high-end clothing store. Name Gender Eileen F Valerie Caroline Shen Antonio Frances Dmitri Nick Jake Latasha F F M M F M M M F Height (Inches) 66 66 68 70 70 66 71 70 63 68 Minimum Wage (Dollars per week) $301 $325 $349 $362 $386 $410 $423 $447 $460 $484 The lowest wage that the clothing store can pay to hire five sales clerks is $ per week. Suppose the head of the clothing store has a preference for tall employees because he thinks it will increase revenue, and thus, he imposes the restriction that all sales clerks hired must be at least 67 inches in height. Under this new regulation, the wage rate the clothing store must pay to attract five sales clerks rises by $ per week.
The following table lists the name, gender, height, and minimum wage 10 people are willing to accept to work as personal assistants at a prestigious law firm. Height Minimum Wage Name Gender (Inches) (Dollars per week) Neha F 66 $309 Simone F 64 $321 Ana 68 $344 Rajiv M 70 $367 Yakov 70 $390 Dina 66 $402 Charles M 71 $425 Lorenzo M 70 $448 Gilberto M 63 $460 Juanita F 68 $483 The lowest wage that the law firm can pay to hire five personal assistants is $ per week. Suppose the head of the law firm has a preference for tall employees because he thinks it will increase revenue, and thus, he imposes the restriction that all personal assistants hired must be at least 67 inches in height. Under this new regulation, the wage rate the law firm must pay to attract five personal assistants rises by S per week.
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What other information might the government find useful in assessingthe minimum wage given its goals?
5. Discrimination in the labor market The following table lists the name, gender, height, and minimum wage 10 people are willing to accept to work as personal assistants at a prestigious law firm. Height Minimum Wage Name Gender (Inches) (Dollars per week) Paolo 67 $308 Latasha F 63 $321 Rosa 66 $342 Jake M 71 $364 Nick M 69 $385 Alyssa F 66 $407 Tim M 70 $421 Edison M 70 $450 Brian M 64 $462 Crystal 69 $484 The lowest wage that the law firm can pay to hire five personal assistants is per week. Suppose the head of the law firm has a preference for tall employees because he thinks it will increase revenue, and thus, he imposes the restriction that all personal assistants hired must be at least 67 inches in height. Under this new regulation, the wage rate the law firm must pay to attract five personal assistants rises by $ |per week.

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