Economics (MindTap Course List)
13th Edition
ISBN: 9781337617383
Author: Roger A. Arnold
Publisher: Cengage Learning
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Chapter 28.3, Problem 1ST
To determine
Wage discrimination.
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discuss how that relationship between the elasticity of demand for products and labor would affect your job searching strategy in the future.
Describe how the earnings gap between men and women has evolved in recent decades.
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.
Chapter 28 Solutions
Economics (MindTap Course List)
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- Explain the arguments against discrimination in your own words.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_forwardHow is the market-compensating wage differential between safe jobs and risky jobs determined? Which type of job will offer a higher wage?arrow_forward
- The U.S. Bureau of the Census reported that, on average, white men earn $50, 945, whereas white women earn $31,008. Economic discrimination explains at least some of this wage gap, but economists think that there are other factors that also contibute to wage gaps. Which factor is not an explanation offered by economists for these types of wage gaps? Various groups in the population graduate from college at varying rates. Differences in earnings can be explained in part by differences in educational attainment. Men and women take different types of jobs. Men are more likely to prioritze jobs with higher wages, and women are more likely to prioritize jobs with other desirable characteristics. On average, men and women have different amounts of experience in their jobs. Ceteris paribus, men are less likely to temporarily leave the workforce and, therefore, have more experience than women. There are innate differences between men and women that make men more productive than women. Because…arrow_forwardExplain and discuss the significance of the Efficiency Wage Theory and how it may result in discrimination in the workplace.arrow_forwardTRUE OR FALSE. When the wage rate increases by 20% & the quantity supplied of labor increases by 5%, then this type of labor is considered wage inelastic.arrow_forward
- Most 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_forwardSuppose male wages are determined by the earnings function WM = 25 + 0.40EM and female wages are determined by the earnings function WF = 15 + 0.20EF. If women have 10 years of experience and men have 20, what is the gender wage gap? How much can be attributed to human capital differences and how much is unexplained, and therefore attributed to discrimination? Show this scenario on a graph of both the male and female earnings functionsarrow_forwardWage differences can be explained by all of the following except: A) compensating differentials. B) differences in marginal revenue products. C) economic discrimination. D) comparable worth.arrow_forward
- If you were to accept a position in another state, why do you believe it would be important to understand the state labor laws prior to arriving at your new position?arrow_forwardAn 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 abovearrow_forwardWhy does the salary gap persist?arrow_forward
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