The demand curve in the diagram eventually slopes downward because O as the African American-white wage ratio falls, more firms find it "too costly" to indulg tastes for discrimination.
The demand curve in the diagram eventually slopes downward because O as the African American-white wage ratio falls, more firms find it "too costly" to indulg tastes for discrimination.
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter28: The Distribution Of Income And Poverty
Section: Chapter Questions
Problem 10QP
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15. Economics: Labor Economics
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