Suppose an island economy has only two labour markets- fishing (high skill) and farming (low skill). There are 1000 males and 1000 females in the labour force. There is an equal distribution of skilled and non-skilled workers among each sex.
FIGURE 14-1
Refer to Figure 14-1. Suppose the employers in the fishers labour market begin to discriminate against male workers. Which of the following can we expect to occur in the fishers labour market?
◦ The demand for labour curve shifts to the left until a new equilibrium is reached at point C and the wage falls to $80 per day.
◦ The labour supply curve shifts to the left until a new equilibrium is reached at point A and the wage rises to $120 per day.
◦ The demand for labour curve shifts to the right until a new equilibrium is reached at point B and the wage rises to $120 per day.
◦ The labour supply curve shifts to the right until a new equilibrium is reached at point D and the wage falls to $80 per day.
◦ There will be an equal flow of workers between the two markets, equilibrium will remain at point E and the wage at $100 per day.
a) Appropriate chair height b) Chair is too low c) Chair is too high
A typical camshaft-driven high-pressure pump used to increase fuel pressure to 2,000 PSI or higher.
Let A ⊆ R and p ∈ A. Suppose A\{p}6= ∅. Prove that p is an isolated point of A if and ...