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.
The M81 Group
Curative Factors of Group Therapy
Students working in a group
Hydrophilic Group
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...