When women and members of other minority groups are forced into occupations where they are unable to obtain the human capital necessary to compete for high paying jobs, it is termed as statistical discrimination

Explain what change will bring a movement along a curve

What will be an ideal response?

June owns a farm, and has a right to spray it with pesticides. Unfortunately, the pesticides kill her neighbor’s bees and cost him $5,000 per year. June can use a spray that does not harm the bees for a cost of $2,000 more per year. What can June’s neighbor do that would demonstrate the Coase theorem?

a. Sue June for the $5,000 in damages. b. Offer June $3,500 to spray the bee-friendly spray. c. Find a way to do $5,000 damage to June’s farm. d. Offer to pay $1,000 toward the bee-friendly spray.