Limit of competitive market ability to reduce discrimination

Assignment Help Microeconomics
Reference no: EM131600312

Question: a. How can a competitive market eliminate discrimination in the labor market?

b. What limits a competitive market's ability to reduce discrimination? Explain.

c. Why does someone who has a great amount of human capital that was acquired through education earn more than someone with a small amount of human capital?

Reference no: EM131600312

Questions Cloud

Ethical framework for decision making : Ethical Framework for Decision Making - four ethical frameworks: utilitarianism, duty-based reasoning, right-based reasoning, intuitionism.
What are the long-term consequences for stakeholders : Identify the relevant stakeholders in this situation. What are the long-term consequences for stakeholders if SABMiller continues with its current tax practices
What are the implications for education policy : Explain the human-capital view of education and the signaling view of education.
Asset qualifies as seven-year recovery asset under macrs : Genetic Insights Co. purchases an asset for $13,935. This asset qualifies as a seven-year recovery asset under MACRS.
Limit of competitive market ability to reduce discrimination : Why does someone who has a great amount of human capital that was acquired through education earn more than someone with a small amount of human capital?
Five characteristics this person would have : If you could choose the " ideal" boss, what are the top five characteristics this person would have? Ask three other people to do the same exercise.
What is annual ordering cost of post card inventory : The carrying cost is $0.10 per post card per year. The ordering cost is $360 per order. What is the annual ordering cost of the post card inventory?
Prepare the raw materials purchases budget : Using the Information Above Prepare The Following Budgets Sales Budget and Raw Materials Purchases Budget
What is the dollar amount of income that babs needed : If Babs needs to have a total return of 25 percent during the year, then what is the dollar amount of income that Babs needed to have to reach her objective?

Reviews

Write a Review

Microeconomics Questions & Answers

  Briefly contrast the static and dynamic views of monopoly

Briefly contrast the static and dynamic views of monopoly and the policies appropriate for each.Briefly contrast the static and dynamic views of monopoly and the policies appropriate for each.

  Explain the significance of trade-off

Explain the significance of trade-off, opportunity cost, production possibilities frontier, economic model, cost-benefit analysis, free enterprise economy.

  What are the socio political aspects of the ocean

How did society address the problems involved and then the Act - Other relevant regulations to ODA 1972 and new amendments

  What is meant by testing a hypothesis

What is meant by testing a hypothesis? What is the general procedure and What is meant by type I and type II errors?

  What can you infer about elasticity of demand for taxicab

taxicab fares in most cities are regulated. several years ago taxicab drivers in boston obtained permission to raise

  A firm has opportunity to invest in the project having

a firm has the opportunity to invest in a project having an initial outlay of 20000. net cash inflows before

  Derive your marginal revenue curve

You own and operate a fruit stand. Your demand curve is given by P = .5 - .002Q, where P is in dollars and Q is in pounds of fruit. Your marginal cost curve is MC = .006Q. Your fixed costs equal $10.

  Government spending both mandatory and discretionary

What are the effects of increasing in government spending both mandatory and discretionary spending on US economy forecast ot grow by 1.5%

  Part-1 firm perspective1 for the below three markets forms

part-1 firm perspective1. for the below three markets forms answer the following questions i perfectly competitive

  Consider first order stochastic dominance

How to do decision under uncertainty question         (Consider First Order Stochastic Dominance (FOSD) as a criterion for choice under uncertainty.For each axiom in (a) , (b) and (c) below: 1. Determine whether or not the axiom is satisfied by..

  Dduce the goods-market equilibrium expression for gdp y

consider the following model for the macroeconomy.consumption function c a byimport function im k myexport function

  How much would transportation costs change

Draw a network diagram of the optimal shipments. Include in the diagram the optimal quantities, unit transportation costs, and fixed supplies and demands.

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