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Explain why the black employees are worse off

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Reference no: EM13222742

Consider a monopsonistic market where the employer discriminates against black players but not against white players though both sets of players are equally skilled.

A) Draw a graph illustrating this monpsonistic scenario with employer discrimination. Note employment and wage for black players and for equally talented white players.

B) Explain why in this scenario both the employer and black employees are worse off.

Reference no: EM13222742

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