Quantities supplied and demanded in market for secretaries

Assignment Help Microeconomics
Reference no: EM131600368

Question: You are at a political rally with some friends. A candidate for state office states that working women earn about 60 cents for each dollar that working men earn. The candidate says, "This is dearly evidence that employers discriminate against women. This gap between the earnings of men and women will never dose because professions women tend to choose are traditionally low paying and the professions men choose are traditionally high paying. I propose that the government create a panel to decide what jobs should pay so that people of similar skills and education earn the same amount.

Suppose a secretary and a truck driver are judged to require the same level of education and skills, yet a secretary earns $30,000 while a truck driver earns $40,000. What would happen to the quantities supplied and demanded in the market for secretaries and truck drivers if the wage for these professions were set by law at $35,000?

Reference no: EM131600368

Questions Cloud

Fundamental understanding of essential management skills : In order to be successful in your dream management or owner position, you will need a fundamental understanding of essential management skills.
Discuss how do we become who we are : As much as our identities are shaped by powerful institutional forces like the family, what we are might be even more powerfully determined by the forces of sex
What type of resistance do you expect from staff : List at least three ways that you can lessen the resistance you may encounter to help ensure the success of your project.
Course materials support these enhancements : Indicate your an action plan for future improvement (keep in mind that an action plan has tangible tactics along with a time line).
Quantities supplied and demanded in market for secretaries : Suppose a secretary and a truck driver are judged to require the same level of education and skills, yet a secretary earns $30,000 while a truck driver.
How do my personal-professional experiences relate : What other information, if any, would I need to completely address the policy issue or course related topics at hand?
Compute the weighted average unit cost : Suppose Nile.com used the weighted-average inventory mating method and the perpetual inventory system. Compute the weighted average unit cost
What would happen to quality of work generated in market : You are at a political rally with some friends. A candidate for state office states that working women earn about 60 cents for each dollar that working.
Managing a busy healthcare facility : What roles do you think you will enjoy the most and least in being managing a busy healthcare facility?

Reviews

Write a Review

Microeconomics Questions & Answers

  Suppose that gunk is a pollution by-product of

suppose that gunk is a pollution by-product of manufacturing computer processors. environmental activists propose

  What is the estimated current production rate

Write the equation of the TR Curve and then plot the TR curve - Comment on the shape of the TR curve and what is the estimated current production rate

  A good with a downward sloping demand curve

State whether you agree or disagree with the following statement. "A good with a downward sloping demand curve could be either normal or inferior. Explain.

  Explain key differences between good and poor managers

Recall the best supervisor or boss ever worked for and the worst one you ever worked for . Compare these two people in terms of their management skills and ability to perform the four management functions.

  Plot the data and graph the least squares line as a check

The data in the table are the un?ooded area ratio (x) and heat transfer enhancement (y) values recorded for the 24 integral-?n tubes. Fit a least squares line to the data.

  What is cost of afc per paper

What is cost of AFC per paper, what is MC per paper and what is minimum amount must charge to break even on costs?

  Compute the correlation between density and percent ash

The processing of raw coal involves "washing," in which coal ash (nonorganic, incombustible material) is removed. The article "Quantifying Sampling Preash to the density of a coal particle. The average percentage ash for five densities of coal par..

  How do we calculate the nominal interest rate

Normal 0 false false false EN-US X-NONE X-NONE If compounding is quarter..

  She arbitarily selects ten schools from district and

an education expert is researching teaching methods and wishes to interview teachers from a particular school district.

  What are the benefits and drawbacks of this economic system

Considering types of economic systems; traditional, command, market and mixed, which type is socialism? What are benefits and drawbacks of this economic system?

  Diagram the strategies players and compute payoffs

Describe some interaction your company has with another entity (firms producing complementary or substitute products, upstream suppliers, or downstream customers), or between internal divisions within your firm that can be described as a sequential o..

  Discuss why and how preferences might change over time

Consumer preferences for various commodities did not change during the analysis. In some situations, however, preferences do change as consumption occurs.

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