The occupational crowding hypothesis suggests that women are crowded into low-paying occupations because: O Reducing the supply of workers available in certain occupations will raise the wages of those occupations O Reducing the supply of workers available in certain occupations will decrease the wages of those occupations 4 O Increasing the supply of workers available in certain occupations will raise the wages of those occupations O None of the above

The occupational crowding hypothesis suggests that women are crowded into low-paying occupations because: O Reducing the supply of workers available in certain occupations will raise the wages of those occupations O Reducing the supply of workers available in certain occupations will decrease the wages of those occupations 4 O Increasing the supply of workers available in certain occupations will raise the wages of those occupations O None of the above

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter16: The Markets For Labor, Capital, And Land

Section: Chapter Questions

Problem 4P

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Similar questions

Name some factors that can cause a shift in the demand curve in labor markets.
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What is die price commonly called in the labor market?
Suppose that Congress passes a law requiringemployers to provide employees some benefit (suchas healthcare) that raises the cost of an employee by$4 per hour.a. What effect does this employer mandate haveon the demand for labor? (In answering this andthe following questions, be quantitative whenyou can.)b. If employees place a value on this benefit exactlyequal to its cost, what effect does this employermandate have on the supply of labor?c. If the wage can freely adjust to balance supply anddemand, how does this law affect the wage andthe level of employment? Are employers better orworse off? Are employees better or worse off?d. Suppose that, before the mandate, the wage in thismarket was $3 above the minimum wage. In thiscase, how does the employer mandate affect thewage, the level of employment, and the level ofunemployment?e. Now suppose that workers do not value themandated benefit at all. How does this alternativeassumption change your answers to parts(b) and (c)?
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The diagram provides supply and demand curves for a competitive labour market it a labour union negobates the wage to W, in an otherwise competitive labour market OA employers will hire L, labour OB. employers will here labour at the level higher than L OC. the supply of labour will stay the same OD equilibrium will occur at W, and L OE the demand for labour will stay the same 0 Wage Rate W₁ Quarnty of Labour Supply Demand
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