Which of the following statements is not correct? a) Competitive markets tend to limit the impact of discrimination on wages. b) Differences in earnings of whites and blacks or men and women provide clear evidence of discrimination. c) Some differences in earnings are attributable to discrimination based on race, sex, or other factors. d) Profit-maximizing behavior can reduce discriminatory wage differentials.
Which of the following statements is not correct? a) Competitive markets tend to limit the impact of discrimination on wages. b) Differences in earnings of whites and blacks or men and women provide clear evidence of discrimination. c) Some differences in earnings are attributable to discrimination based on race, sex, or other factors. d) Profit-maximizing behavior can reduce discriminatory wage differentials.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Which of the following statements is not correct?
a) Competitive markets tend to limit the impact of discrimination on wages.
b) Differences in earnings of whites and blacks or men and women provide clear evidence of discrimination.
c) Some differences in earnings are attributable to discrimination based on race, sex, or other factors.
d) Profit-maximizing behavior can reduce discriminatory wage differentials.
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