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Sex discrimination, wage differentials also minimum wage.

1. Elucidate why did Professor Williams invest additional resources to make this class an effective one? He could have received the same pay for doing considerably less work. Elucidate why didn't you allocate the amount of resources necessary to earn an A in this class?

2. Give brief analysis to every of the following:

(a) Evidence of sex discrimination lies in the fact which the median annual earnings of women are only 59 percent of male earnings.

(b) Professor of Economics, Betty J. Watson, of the College of Notre Dame in Baltimore said, in reference to the minimum wage, "It's more important to focus on creating jobs. Black youth have to deal with racism also lowering the wage isn't going to help them find jobs."

(c) Compute: A jet plane can fly from New York to Los Angeles three hours faster than a propeller driven plane. Which is the more efficient? Elucidate why?

3 Compute the following: The laws of supply also demand cannot apply to the labour marketplace because labour is not a commodity to be bought also sold like machines.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M916372

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