The lowest wage that the fitness club can pay to hire five swimming instructors is per week. Suppose the head of the fitness club has a preference for tall employees because he thinks it will increase revenue, and thus, he imposes the restriction that all swimming instructors hired must be at least 173 centimeters in height. Under this new regulation, the wage rate the fitness club must pay to attract five swimming instructors rises by $ per week.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Discrimination in the labour market

 

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The following table lists the name, height, and minimum wage 10 people are willing to accept to work as swimming instructors at an exclusive fitness club.
Name
Height
Minimum Wage
(Centimetres)
(Dollars per week)
Eleanor 177 $306
Juanita 163 $321
Neha 169 $346
Gilberto 179 $360
Lorenzo 175 $380
Teresa 164 $402
Sam 181 $426
Darnell 177 $442
Andrew 162 $466
Beth 173 $482
 
The lowest wage that the fitness club can pay to hire five swimming instructors is
 
per week.
 
Suppose the head of the fitness club has a preference for tall employees because he thinks it will increase revenue, and thus, he imposes the restriction that all swimming instructors hired must be at least 173 centimeters in height. Under this new regulation, the wage rate the fitness club must pay to attract five swimming instructors rises by $         per week.
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