Reason for earning difference between men and women.

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Answer 1

Question

Chapter ST8, Problem 1CQ

To determine

Reason for earning difference between men and women.

Expert Solution & Answer

Explanation of Solution

The earnings of women are lower when comparing it with the earnings of men. Employment discrimination refers to the discrimination on the basis of age, sex, religion, or nationality. Even though the age, marital status, schooling years, or nationality are similar to both men and women, the employment discrimination still exists. Marital status is one of the important factors, which creates difference in earnings. This is because earnings gap will be reduced if not married than married ones. In addition to these factors, the educational choice and career goals are also cause difference in earnings of men and women.

Economics Concept Introduction

Employment discrimination: Employment discrimination refers to the discrimination in jobs on the basis of age, sex, religion, or nationality.

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16:10 ← BEC 3701 - Assignments-... KWAME NKRUMAH UNIVERSITY TEACHING FOR EXCELLENCE SCHOOL OF BUSINESS STUDIES DEPARTMENT OF ECONOMICS AND FINANCE ADVANCED MICRO-ECONOMICS (BEC 3701) Assignments INSTRUCTIONS: Check instructions below: LTE 1) Let u(q1,q2) = ln q₁ + q2 be the (direct) utility function, where q₁ and q2the two goods. Denote P₁ and P2 as the prices of those two goods and let M be per period money income. Derive each of the following: a) the ordinary or Marshallian demand functions q₁ = d₂ (P₁, P₂, M) for i = 1,2 [3 Marks] b) the compensated or Hicksian demand functions q₁ = h₂ (P₁, P2, M) for i = 1,2 [3 Marks] c) the Indirect Utility Function uº = v(P₁, P2, M) [3 Marks] d) the Expenditure Function E(P1, P2, U°) [3 Marks] e) Draw a diagram of the solution. There should be two graphs, one above the other; the first containing the indifference curves and budget constraint that characterize the solution to the consumer's choice problem; the second characterizing the demand…

Answer 2

Question

Chapter ST8, Problem 1CQ

To determine

Reason for earning difference between men and women.

Expert Solution & Answer

Explanation of Solution

The earnings of women are lower when comparing it with the earnings of men. Employment discrimination refers to the discrimination on the basis of age, sex, religion, or nationality. Even though the age, marital status, schooling years, or nationality are similar to both men and women, the employment discrimination still exists. Marital status is one of the important factors, which creates difference in earnings. This is because earnings gap will be reduced if not married than married ones. In addition to these factors, the educational choice and career goals are also cause difference in earnings of men and women.

Economics Concept Introduction

Employment discrimination: Employment discrimination refers to the discrimination in jobs on the basis of age, sex, religion, or nationality.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 3

Question

Chapter ST8, Problem 1CQ

To determine

Reason for earning difference between men and women.

Expert Solution & Answer

Explanation of Solution

The earnings of women are lower when comparing it with the earnings of men. Employment discrimination refers to the discrimination on the basis of age, sex, religion, or nationality. Even though the age, marital status, schooling years, or nationality are similar to both men and women, the employment discrimination still exists. Marital status is one of the important factors, which creates difference in earnings. This is because earnings gap will be reduced if not married than married ones. In addition to these factors, the educational choice and career goals are also cause difference in earnings of men and women.

Economics Concept Introduction

Employment discrimination: Employment discrimination refers to the discrimination in jobs on the basis of age, sex, religion, or nationality.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter ST8, Problem 1CQ

To determine

Reason for earning difference between men and women.

Expert Solution & Answer

Explanation of Solution

The earnings of women are lower when comparing it with the earnings of men. Employment discrimination refers to the discrimination on the basis of age, sex, religion, or nationality. Even though the age, marital status, schooling years, or nationality are similar to both men and women, the employment discrimination still exists. Marital status is one of the important factors, which creates difference in earnings. This is because earnings gap will be reduced if not married than married ones. In addition to these factors, the educational choice and career goals are also cause difference in earnings of men and women.

Economics Concept Introduction

Employment discrimination: Employment discrimination refers to the discrimination in jobs on the basis of age, sex, religion, or nationality.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter ST8, Problem 1CQ

To determine

Reason for earning difference between men and women.

Expert Solution & Answer

Explanation of Solution

The earnings of women are lower when comparing it with the earnings of men. Employment discrimination refers to the discrimination on the basis of age, sex, religion, or nationality. Even though the age, marital status, schooling years, or nationality are similar to both men and women, the employment discrimination still exists. Marital status is one of the important factors, which creates difference in earnings. This is because earnings gap will be reduced if not married than married ones. In addition to these factors, the educational choice and career goals are also cause difference in earnings of men and women.

Economics Concept Introduction

Employment discrimination: Employment discrimination refers to the discrimination in jobs on the basis of age, sex, religion, or nationality.

Answer 6

Chapter ST8, Problem 1CQ

To determine

Reason for earning difference between men and women.

Expert Solution & Answer

Explanation of Solution

The earnings of women are lower when comparing it with the earnings of men. Employment discrimination refers to the discrimination on the basis of age, sex, religion, or nationality. Even though the age, marital status, schooling years, or nationality are similar to both men and women, the employment discrimination still exists. Marital status is one of the important factors, which creates difference in earnings. This is because earnings gap will be reduced if not married than married ones. In addition to these factors, the educational choice and career goals are also cause difference in earnings of men and women.

Economics Concept Introduction

Employment discrimination: Employment discrimination refers to the discrimination in jobs on the basis of age, sex, religion, or nationality.

Answer 7

Chapter ST8, Problem 1CQ

To determine

Reason for earning difference between men and women.

Answer 8

Expert Solution & Answer

Explanation of Solution

The earnings of women are lower when comparing it with the earnings of men. Employment discrimination refers to the discrimination on the basis of age, sex, religion, or nationality. Even though the age, marital status, schooling years, or nationality are similar to both men and women, the employment discrimination still exists. Marital status is one of the important factors, which creates difference in earnings. This is because earnings gap will be reduced if not married than married ones. In addition to these factors, the educational choice and career goals are also cause difference in earnings of men and women.