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Author Question: Suppose marketEdiscriminates against one group of workers and marketOdoes not. Unemployment in ... (Read 79 times)

eboni

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on: Oct 12, 2022

Question 1

If competitive labour market E discriminates against one group of workers and market O does not, we can predict an increase in
◦ employment in market E.
◦ wages in market O.
◦ wages in market E.
◦ economy-wide wage rates.
◦ the welfare of the average worker.

Question 2

Suppose market E discriminates against one group of workers and market O does not. Unemployment in market O would result if
◦ there is no statutory minimum wage.
◦ the free-market equilibrium wage in market O is below the legal minimum wage.
◦ the demand curve in market O shifts to the right and wages are slow to adjust.
◦ some workers are unwilling to work in E-market jobs.
◦ the supply curve in market O shifts to the left and wages are slow to adjust.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by eboni on Oct 12, 2022

kyledifference

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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eboni

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

FergA

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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