Most economists believe that a small amount of the gap between the wages of white males and the wages of other groups is due to discrimination. Which of the following factors is not another factor that explains part of this gap?
A) geographic location B) differences in experience
C) differing preferences for jobs D) differences in education
Question 2
Refer to Figure 16-5. Suppose the firm represented in the diagram decides to practice perfect price discrimination. What is the total revenue collected by the firm?
A) 6,720 B) 7,680 C) 10,240 D) 13,440
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Find the factor demand for labour and the amount of output it will produce. Show all ...