Equilibrium discrimination and crowding suppose there are, Ask an Expert

Economics

Equilibrium discrimination and crowding. Suppose there are two occupations, chefs and truck drivers.

a) Draw hypothetical supply and demand graphs for men and women to both occupations assuming that some of each gender prefers each job. Now, assume that discriminatory actions take place in the restaurant business preventing men from becoming chefs. Show the effects of discrimination on your graph.

b) Who benefits and who loses from this discrimination? Show the effect of discrimination on wages and employment in both occupations and on total output in each. (Hint: have one graph for chefs, and a separate for truck drivers)

c) Angry about the discrimination, aspiring male chefs’ successfully lobby Washington to crack down on discrimination practices in the restaurant business. If discrimination is eliminated through this process, show the changes that will take place in the labor markets for chefs and truck drivers. Who benefits and who loses from the ban on discrimination?

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91951434

Have any Question?Write your Review or question?

Related Questions in Business Economics

Some farm land is more productive than other land in the

Some farm land is more productive than other land in the sense that it can grow more food per hectare. Farmers also use fertilizer to grow food (i.e. adding fertilizer increases crop yield by 10 percent) earn more revenu ...

A manufacturer of cereal has a machine that when working

A manufacturer of cereal has a machine that, when working properly, puts 20 ounces of cereal on average into a box with a standard deviation of 1 ounce. Every morning workers weigh 25 filled boxes. If the average weight ...

People were polled on how many books they read the previous

People were polled on how many books they read the previous year. How many subjects are needed to estimate the number of books read the previous year within one book with 99% confidence? Initial survey results indicate t ...

Suppose the quantity of fish purchased by mr singh family

Suppose the quantity of fish purchased by Mr Singh family is 21 kilos per year when the price is $11.50 per kilo and 17 kilos per year when the price is $20.50 per kilo. Calculate the price elasticity of demand coefficie ...

What type of exchange rate is associated with a higher

What type of exchange rate is associated with a higher probability of experiencing a crisis? Why?

Suppose we can only sample from uniform distribution 01

Suppose we can only sample from Uniform distribution (0,1) with k=3. Design an algorithm to simulate chi-square distribution with 2k freedom via general transformation method.

Suppose demand and supply are given byqdxnbsp 14 - 05

Suppose demand and supply are given by: Q d x = 14 - 0.5 P x and Q s x = .25 P x - 1 a) Determine the equilibrium price and quantitiy. b) Suppose a $12 excise tax is imposed on the good. Determine the new equilibrium ...

Describe two factors contributing to the gender pay gap

Describe two factors contributing to the gender pay gap. Write one equation or one graph for each. What policies could the government pursue to address each factor? Should the government do so?

What type of monopoly is sydney water describe the main

What type of monopoly is Sydney Water? Describe the main characteristics of this monopoly type in general and in relation to Sydney Water.

A student is gathering data on the driving experiences of

A student is gathering data on the driving experiences of other college students. One of the variables measured is the type of car the student drives. These data are coded using the following method: 1 = subcompact, 2 = ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert