5. Discrimination in the labor market The following table exhibits the name, gender, height, and minimum wage 10 people are willing to accept to work as travel nurses at a regional hospital. Height Name Gender (Inches) Minimum Wage (Dollars per week) Gilberto M 69 $297 Rosa F 64 $317 Alyssa F 66 $334 Nick M 72 $350 Tim M 70 $371 Crystal F 64 $397 Brian M 72 $417 Kevin M 69 $432 Edison M 66 $457 Hilary F 70 $473 The 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 that all 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 in order to hire five travel nurses increases by S

5. Discrimination in the labor market The following table exhibits the name, gender, height, and minimum wage 10 people are willing to accept to work as travel nurses at a regional hospital. Height Name Gender (Inches) Minimum Wage (Dollars per week) Gilberto M 69 $297 Rosa F 64 $317 Alyssa F 66 $334 Nick M 72 $350 Tim M 70 $371 Crystal F 64 $397 Brian M 72 $417 Kevin M 69 $432 Edison M 66 $457 Hilary F 70 $473 The 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 that all 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 in order to hire five travel nurses increases by S

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter14: Labor Markets And Income

Section: Chapter Questions

Problem 30RQ: Will a free market tend to encourage or discourage discrimination? Explain briefly.

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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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