This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose an island economy has only two labour markets- fishing (high skill) and farming (low skill). ... (Read 46 times)

Emmejo01

  • Full Member
  • ***
  • Posts: 131
on: Oct 12, 2022

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, and we move to a new equilibrium in each market. In the absence of any government intervention in these markets, what forces might we expect to see over time?
1) All female workers will migrate to the fishers labour market due to the higher wage.
2) The discriminatory wage differential will tend to be eliminated by the pursuit of profit.
3) Some firm owners in the fishing labour market will find it profitable to hire high-skill males, thus reducing the wage differential.


◦ 1 only
◦ 2 only
◦ 3 only
◦ 1 and 2
◦ 2 and 3
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Emmejo01 on Oct 12, 2022

marufp

  • Full Member
  • ***
  • Posts: 169
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.
Answer Preview
Only 50% of students answer this correctly


Emmejo01

  • Member
  • Posts: 131
Reply 2 on: Oct 12, 2022
:D TYSM

T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Rain forest in Pacific Rim National Park, Vancouver Island, British Columbia Rain forest in Pacific Rim National Park, Vancouver Island, British Columbia
The skeleton of a dwarf elephant from the island of Crete. Dwarf elephants were present on some Medi The skeleton of a dwarf elephant from the island of Crete. Dwarf elephants were present on some Medi
These adolescents have just graduated and look forward to moving on from high school and adolesence These adolescents have just graduated and look forward to moving on from high school and adolesence
The hilly terrain on Shengshan Island The hilly terrain on Shengshan Island
Deconvolution fluorescence microscopy yields high-resolution optical sections th Deconvolution fluorescence microscopy yields high-resolution optical sections th
Erosion Due to Poor Farming Practices Erosion Due to Poor Farming Practices
Video: Bond types - Atomic structure and basis of bonds

For a complete list of videos, visit our video library