Will free market tend to encourage-discourage discrimination

Assignment Help Business Economics
Reference no: EM131094472

The following questions about discrimination. a) Does a gap between the average earnings of men and women, or between whites and blacks, prove that employers are discriminating in the labor market? b) Will a free market tend to encourage or discourage discrimination? c) If it is not profitable to discriminate, why does discrimination persist?

Reference no: EM131094472

Questions Cloud

Role and responsibilities of public relations in public : Explain the role and responsibilities of public relations in public and private companies, nonprofit organizations, agencies and firms.
Calculate the spending multiplier : In this economy we have an MPC equal to 0.80, Autonomous Consumption of $600 billion, Planned Investment (I) of $1,000 billion, Government Spending (G) of $1,200 billion and Net Taxes (T) of $1,000 billion. Determine the Equilibrium level of Aggregat..
About the size of the national debt : Should the government/private citizens be concerned about the size of the national debt? Do you think the country would be better off with zero debt? Are there any positives associated with the debt?
Find the equilibrium price and quantity : Suppose you are given the following information about an industry: Find the equilibrium price and quantity. Suppose the government puts a $1 tax on this commodity to reduce its consumption and raise government revenue. What would be the impact of thi..
Will free market tend to encourage-discourage discrimination : The following questions about discrimination. Does a gap between the average earnings of men and women, or between whites and blacks, prove that employers are discriminating in the labor market? Will a free market tend to encourage or discourage disc..
How would that affect sallys budget constraint : Suppose that Sally has 112 hours of time per week to allocate between market work and household time, earns a wage of $12 per hour if she works, and receives $30 per week in non-labor income. Graph Sally's budget constraint. If Sally's market wage we..
Dynamics of aggregate demand and aggregate supply model : Use the dynamics of Aggregate Demand and Aggregate Supply Model: What is the cause of the 2007-09 Great recession? What happened to aggregate demand and aggregate supply model during this crisis? What role did the commercial and investment banks play..
Promoting the cost savings of government health care : President Obama, in promoting the cost savings of government health care stated: "... Private insurers have to make a profit. Nothing wrong with that, that's what they do. And so [private insurers have] higher administrative costs, plus profit on top..
What is amount of economic investment that has resulted : Assume that a national restaurant firm called BBQ builds 15 new restaurants at a cost of $1 million per restaurant. It outfits each restaurant with an additional $300,000 of equipment and furnishings. What is the amount of economic investment that ha..

Reviews

Write a Review

Business Economics Questions & Answers

  Negative in economic theory

Which of the following will never be negative in economic theory?

  Calculate the lerner index for the market

A single firm monopolizes the entire market for some product which can be produced at a cost of c(Q) = Q^2. The firm faces a market demand curve given by Q = 60 ? 0.5p. What is the firm’s profit? Calculate the Lerner Index for the market

  Single amount value the dealer receives at the end of loan

You owe $350 a month on a 5 year car loan financed at %6 per month compounded monthly. What is the single amount value the dealer receives at the end of the loan?

  Mcdonalds or hilton choose to franchise its local outlets

Why might a parent company like McDonalds or Hilton choose to franchise its local outlets rather than own them also staff them with employees.

  Government bodies which conclude the national fiscal policy

Describe the roles of government bodies which conclude the national fiscal policy

  In the international environment

In the international environment, it is apparent that China is making large investments in the global financial markets in their shift away from exports. Is there a connection between China's exports and its financial investments in other countries?

  Why are older people considered an at risk population

Why are older people considered an at risk population? What are the potential hazards manifested in later adulthood? Describe local programs in your area which address the needs for the elderly.

  Explain why a dramatic rise in the wage rate occurred

In the 1980s, a shortage of registered nurses in the United States led to an increase of almost 21 percent in the real average hourly earnings of RNs from 1981 to 1989 (Pope and Menke, 1990). This increase was the highest of any occupational group. U..

  In terms of the consumer theory set forth in this chapter

In terms of the consumer theory set forth in this chapter, can you explain the meaning of the following statements? a. "I think you get more for your money from Nike than from Reebok." b. "I wanted to buy a Boxster rather than a Malibu, but it just w..

  Explain how fixed and variable costs should be adjusted

Select a private-sector, for-profit firm and write a 1,050 to 1,400-word paper/business proposal in which you provide recommendations to that firm. Explain how fixed and variable costs should be adjusted to maximize profit.

  The quantity of heating oil demanded in the short run

We discussed the possibility that a start up firm in San Francisco plans to 3-D print Rhinoceros horns that are indistinguishable from real horns. Assume they are able to produce these horns cheaply. Suppose the price elasticity of demand for heating..

  Nuances and intricacies of nineteenth and twentieth century

Write 3-4 paragraphs pertaining to the theme below, be detailed on your work: The nuances and intricacies of nineteenth and twentieth century political and economic ideology The relationships among war, economics, and politics in twentieth century Eu..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd