Evidence of differences in the average wages of black workers compared to white workers
a. does not alone provide conclusive evidence of discrimination.
b. clearly indicates differences in productivity between races.
c. is seldom used to provide evidence of discriminatory bias.
d. clearly indicates discrimination on the basis of race.
a
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A market with few sellers, some influence over price, high barriers to entry, a differentiated product, and non-price competition is known as
A) perfect competition. B) monopolistic competition. C) oligopoly. D) monopoly.
Paul and David work for the same company and have the same job title, education, work experience, and are equally skilled at what they do. Paul works the night shift and is paid $60,000 a year, while David works a regular day shift and is paid $55,000 a year. Which of the following is the best explanation for why Paul earns more than David? a Paul has more human capital than David. b David has more human capital than Paul. c Paul has received a compensating differential. d Aside from pay, the night shift is more desirable than the day shift.
a. Paul has more human capital than David.
b. David has more human capital than Paul.
c. Paul has received a compensating differential.
d. Aside from pay, the night shift is more desirable than the day shift.