Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN: 9781305506725
Author: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher: Cengage Learning
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Question
Chapter ST8, Problem 4CQ
To determine
Employment discrimination in relation to the single men and married men.
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"Discuss the Implications of Employer Discrimination for the Hiring Decisions of the Firm."
Consider discrimination in employment. Suppose dark-haired employees don't like working with blonde employees. Could this discrimination explain lower wages for blond employees? If such a pay differential existed, what would an entrepreneur who wants to maximize profits do? If there were many entrepreneurs with the same strategy, what would happen over time?
Chapter ST8 Solutions
Economics: Private and Public Choice (MindTap Course List)
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