Which of the following is NOT true regarding discrimination in labor markets? Any differences in wages between members of different racial or age groups is due to discrimination. Groups may differ in wages, due to differences in human capital or the types of jobs held. Differences in effort or bargaining power across groups can lead to differences in wages across groups. Discrimination may result in some workers being underpaid.

Q: Which of the following would improve a worker’s marginal product? Group of answer choices an…

A: The marginal product of labour (or MPL) alludes to an organization's expansion in all-out production…

Q: Tom and Jerry work for the Same company, but Tom earns evidence of wage discrimination? Explain-

A: Wage discrimination means paying someone less due to of their age,race, gender or religion.

Q: The demand theory of discrimination focuses on which of the following? The demand for female labour…

A: The demand theory of discrimination states that discrimination occurs when despite the same…

Q: Other things being equal, a labor union will find it harder to get a wage increase for its members…

A: Answer- Need to find- Other things being equal, a labor union will find it harder to get a wage…

Q: Profit-maximizing firms will hire additional units of a resource up to the point at which the…

A: Marginal revenue product is the change in the total revenue due to additional unit of resource used.

Q: In general, different jobs pay different wages. One overarching reason is that different jobs have…

A: A wage is pay paid to representatives for work for an organization during a timeframe. Wages are…

Q: excess supply

A: Any good needs factors of production to produced. A major factor of production is labour(L). And the…

Q: The labor supply curve is upward sloping because        workers are willing to work more hours at…

A: Labor supply curve shows different combinations of wage and quantity of labor supplied.

Q: Which of the following does not impact the decisions of employers in the labour market? a.…

A: Labor Market is defined as a system where the labor demand and supply forces meet each other in…

Q: Economic discrimination takes place when an employer  pays workers the lowest wage possible. pays…

A: In the labour market, the demand for labour is a derived demand as it depends upon the demand for…

Q: Why do economists say that discrimination is inerhently inefficent and therefore will not occur in…

A: Discrimination is the process of charging different prices from a different individuals in the…

Q: ecessarily examples of discrimination. Is an example of discrimination Is not necessarily an example…

A: LMD is defined as a situation where workers  are treated differently in terms of recruitment, pay,…

Q: Assume the labor market for loggers is perfectly competitive. How would each of the following events…

A: Perfect competitive market refers to the market in which the price remains the same is equal to…

Q: How are wages affected in each case? New training programs provide students with the skills that are…

A: Wages are payments made to a worker for their service and usually remuneration is given on a hourly,…

Q: Which of the following is part of the economic analysis of discrimination? A. Employers who…

A: Economic discrimination is described as a long-term disparity in economic well-being among people…

Q: Discrimination in the labour market The following table lists the name, height, and minimum wage 10…

A: They are the factor payment received for providing labor services. They are usually paid in…

Q: the Equal Employment Opportunity Commission (EEOC): is a federal agency established by the…

A: The Equal Employment Opportunity Commission refers to a group of people who works for the betterment…

Q: What is a factor where a portion of a wage gap may not be the result of discrimination? Explain why…

A: Wage discrimination or pay discrimination occurs when workers having a similar skill set for their…

Q: Explain ways in which a firm might increase its profits by raising the wages it pays.

A: Profit: It is the income after settling all expenses.

Q: (Why wages differ) Why might permanent wage differences occur between different markets for labor or…

A: Answer: Generally, firms pay wages equal to the marginal product of laborers. The marginal product…

Q: Which of the following factors would shift the market labor supply curve to the right?   A. A…

A: Labor supply curve shows positive relationship between wage and quantity of labor supplied.Rightward…

Q: Which of the following statements proves the existence of wage discrimination? a. Male prison…

A: find below the answer.

Q: In general, different jobs pay different wages. One overarching reason is that different jobs have…

A: Wages are the remuneration that is given to the employee or the worker against the service offered.…

Q: Which of the following depicts the situation of deferred wages with company- specific training?

A: Deferred wage is referred to the influence of seniority on the wage rate. An individual may gain a…

Q: Since the announcement of several new policies during the pandemic, the migration of foreign labor…

A: The markets of an economy are made up of the two sides, the demand side and the supply side. In the…

Q: Immigration is a multi-faceted phenomenon, with the potential for both large-scale and industry-…

A: Here we are given the following information:  1) Due to the immigration more people would enter in…

Q: Why does a profit-maximizing firm hire workers up to the point where the wage equals the value of…

A: Wages is the payment which an employer pays to its worker for its labor or service. The wage is the…

Q: Statement 1: "Firms using internal labor market often appreciate the fact that their employees have…

A: Statement 1 is false as firms know that employees work for a longer period in order to get promoted…

Q: Suppose there are two occupations: nurses and doctors. Draw hypothetical supply and demand graphs…

A: Since, women and men are preferred each job, the supply is same. Assume that women are unqualified…

Q: Which of the following statements is correct?     If potential employers could observe the…

A: Statistical discrimination relies on costs and risks for explaining income disparities among…

Q: What is the effect of an increase in the price of market goods on a worker’s reservation wage,…

A: The market price of the goods and services is the major component that affects other components and…

Q: or each of the scenarios in the following table, indicate the most likely reason for the difference…

A: There can be various reasons for difference in earning due to difference in efficiency or difference…

Q: Which of the following is not an assumption of a competitive labor market? numerous buyers and…

A: The answer is - interchangeable workers

Q: In general, different jobs pay different wages. One overarching reason is that different jobs have…

A: Answer -1  Compensation salary refers to the additional pay given to an employee in exchange for…

Q: Why do economists study sports teams when looking for evidence of labor-market discrimination?…

A: In the regular labor markets, discrimination is difficult to measure because of number of reasons.…

Q: Which of the following is a reason why some firms do not use commission pay?  It gives workers…

A: When a firm hires workers to produce output, it needs to give compensation to the workers for their…