Principles of Economics 2e
2nd Edition
ISBN: 9781947172364
Author: Steven A. Greenlaw; David Shapiro
Publisher: OpenStax
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Textbook Question
Chapter 14, Problem 32RQ
Describe how affirmative action is applied in the labor market.
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Why do economists say that discrimination is inerhently inefficent and therefore will not occur in general?
An example of a policy that combats discrimination is:
Equal employment opportunity legislation
Affirmative action legislation
Equal pay legislation
Pay equity or equal value legislation
All of the above
Explain and discuss the significance of the Efficiency Wage Theory and how it may result in discrimination in the workplace.
Chapter 14 Solutions
Principles of Economics 2e
Ch. 14 - Table 14.10 shows levels of employment (Labor),...Ch. 14 - Table 14.11 shows levels of employment (Labor),...Ch. 14 - Table 14.12 shows the quantity demanded and...Ch. 14 - Do unions typically oppose new technology out of a...Ch. 14 - Compared with the share of workers in most other...Ch. 14 - Are firms with a high percentage of union...Ch. 14 - D0 countries with a higher percentage of unionized...Ch. 14 - Table 14.13 shows information from the supply...Ch. 14 - Explain i11each of the following situations how...Ch. 14 - Does the earnings gap between the average wages of...
Ch. 14 - If immigration is reduced, what is the impact on...Ch. 14 - What determines the demand for labor for a firm...Ch. 14 - What determines the demand for labor for a firm...Ch. 14 - What is a perfectly competitive labor market?Ch. 14 - What is a labor union?Ch. 14 - Why do employers have a natural advantage in...Ch. 14 - What are some of the most important laws that...Ch. 14 - How does the presence of a labor union change...Ch. 14 - What is the long-term trend in American union...Ch. 14 - Would you expect the presence of labor unions to...Ch. 14 - What are the main causes for the recent [tends in...Ch. 14 - What is a monopsony?Ch. 14 - What is the marginal cost of labor?Ch. 14 - How does monopsony affect the equilibrium wage and...Ch. 14 - What is a bilateral monopoly?Ch. 14 - How does a bilateral monopoly affect the...Ch. 14 - Describe how the earnings gap between men and...Ch. 14 - Describe how the earnings gap between blacks and...Ch. 14 - Does a gap between the average earnings of men and...Ch. 14 - Will a free market tend to encourage or discourage...Ch. 14 - What policies, when used together with...Ch. 14 - Describe how affirmative action is applied in the...Ch. 14 - What factors can explain the relatively small...Ch. 14 - Have levels of immigration to the United States...Ch. 14 - How would you expect immigration by primarily...Ch. 14 - What is the marginal cost of labor for a firm that...Ch. 14 - Given the decline in union membership over the...Ch. 14 - Are unions and technological improvements...Ch. 14 - Will union membership continue to decline? Why or...Ch. 14 - If it is not profitable to discriminate, why does...Ch. 14 - If a company has discriminated against minorities...Ch. 14 - If the United States allows a greater quantity of...Ch. 14 - If all countries eliminated all barriers to...
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Similar questions
- Using the concept of opportunity cost, explain why discrimination against any population group is economically inefficient?arrow_forwardGive an example of how discrimination might persistin a competitive market.arrow_forwardConsider discrimination in employment. Suppose dark-haired employees don't like working with blonde employees. Could this discrimination explain lower wages for blond employees? If such a pay differential existed, what would an entrepreneur who wants to maximize profits do? If there were many entrepreneurs with the same strategy, what would happen over time?arrow_forward
- What is a factor where a portion of a wage gap may not be the result of discrimination? Explain why this factor is not a discriminatory practice.arrow_forwardMost studies indicate that women earn 82% of what men earn. Does this necessarily reflect discrimination or might there be other factors that could explain the difference? Be specific about what those factors are if any.arrow_forward"Discuss the Implications of Employer Discrimination for the Hiring Decisions of the Firm."arrow_forward
- Workers are worse off when they face a monopsonistic labor market.arrow_forwardDiscuss economic and policy factors that explain why racial discrimination is more likely in law enforcement than in labor markets.arrow_forwardReframe the theory of employment discrimination in light of behavior over time data.arrow_forward
- Briefly discuss the utilitarian, right, and justice arguments against discrimination.arrow_forwardDoes a gap between the average earnings of men and women, or between whites and blacks, prove that employers are discriminating in the labor market? Explain briefly.arrow_forwardWhat difficulties arise in deciding whether a group of workers has a lower wage because of discrimination?arrow_forward
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