Suppose all players are equally productive. Team owners have a taste for discriminationagainst nonwhite players. Their coefficient of discrimination is 0.5. The team demand forwhite players is, whereQd = 24-2wwis the wage in millions. Assume there is an equal supply of each type of players,Q₁ = wa. How many white players will be hired? What will they be paid?b. How many nonwhite players will be hired? What will they be paid?

In this case, we have to talk about white and nonwhite players. In this case, nonwhite players are…

Suppose all players are equally productive. Team owners have a taste for discrimination against nonwhite players. Their coefficient of discrimination is 0.5. The team demand for white players is , where Q = 24-2w w is the wage in millions. Assume there is an equal supply of each type of players, Q₁ = w a. How many white players will be hired? What will they be paid? b. How many nonwhite players will be hired? What will they be paid?

Suppose all players are equally productive. Team owners have a taste for discrimination against nonwhite players. Their coefficient of discrimination is 0.5. The team demand for white players is , where Q = 24-2w w is the wage in millions. Assume there is an equal supply of each type of players, Q₁ = w a. How many white players will be hired? What will they be paid? b. How many nonwhite players will be hired? What will they be paid?

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

See similar textbooks

Similar questions

Explain the discrimination coefficient.
Consider the standard set up for thinking about statistical discrimination from last class (groups have same average productivity, but one group has a lower slope on the signal component – call this group women). Neither group has a zero y-intercept. A government issues a minimum wage requirement. Which of the following is true: A. At a low enough minimum wage, employers will hire men and women of any signal type. B. At a low enough minimum wage, employers will hire high signal men and low signal women. C. At a low enough minimum wage, employers will hire women of any signal type and only higher signal men. D. At a high enough minimum wage, employers will hire low signal men and high signal women.
If employers are profit-maximizers, then O competition will always eventually eliminate employment discrimination. O employment discrimination may persist if consumers discriminate. O employment discrimination will persist because it is always profitable. O compensating differentials carinot exist.
As an employer, you can minimize discrimination based on implicit bias when hiring employees if you base your hiring decisions on: O the track records of similar applicants in the past rather than full assessments of individual applicants. O carefully structured assessments of individual candidates rather than gut feelings. O a conscious effort to hire members of a group that is discriminated against. O gut feelings about the likely productivity of individual job applicants.
Urgently need
Does the earnings gap between the average wages of females and the average wages of males prove labor market discrimination? Why or why not?
G, 9
Scenario 1b The following diagram shows the demand, supply and marginal expenditure curves for a monopsony league buyer of baseball players. Wage and quantity of players are measured in $000s and 000s of players respectively. Refer to Scenario 1b. If players were paid a competitive wage, what would that be? Pick the closest value from the graph. Wage in 000s MFC 5 4 = 7 8 9 10 6 S 3 27 D 2468 10 12 13 14 15 16 17 18 19 Qty of Players in 000s
Why do economists study sports teams when looking for evidence of labor-market discrimination? Select one: a. because all four United States professional sports leagues (football, basketball, hockey, and baseball) require discrimination studies every five years b. because the salaries paid to professional athletes exhibit the superstar phenomenon, which is highly correlated with discrimination c. because nonwhites comprise a majority of starters for many professional sports teams d. because the wide availability of performance statistics allows economists to control for individual player productivity in ways that are difficult to do for other types of firms
The quote by Carl Sagan: "Absence of evidence is not evidence of absence." This quote implies that: AIf we cannot find evidence that there is discrimination, then discrimination doesn't exist. B If we cannot find evidence that discrimination in sports exist, doesn't mean that discrimination doesn't exist. C If we find evidence of discrimination, then discrimination exist. D If we find evidence of discrimination, then it is still possible that discrimination doesn't exist. E If we cannot find evidence that there is discrimination, then discrimination exist.
C. In proving that there are earnings differentials caused discrimination, what three factors are necessary in a study conducted to prove this point? by
Ken recruits applicants for several prominent companies. Often when the companies call for Ken's services, they strongly hint that they do not wish to hire Southeast Asians, so Ken never places them with those companies. Is Ken liable for illegal discrimination? Only awnser please!