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Question: The figure shows the market for a group of workers who are discriminated against. Suppose that other workers in the same industry are not discriminated against and their value of marginal product is perceived to be twice that of the workers who are discriminated against. Suppose also that the supply of these other workers is 2,000 hours per day less at each wage rate.

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a. What is the wage rate of the workers who are discriminated against?

b. What is the quantity of workers employed who are discriminated against?

c. What is the wage rate of the workers who do not face discrimination?

d. What is the quantity of workers employed who do not face discrimination?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M92423289
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