Refer to the below table. What would the wage rates be if the 12 million female workers could work in labor market C only because of labor market discrimination, while half the 12 million male workers are employed in labor market A and the other half in labor market B?
Suppose there are only three labor markets (A, B, and C) in the economy and each of these markets is purely competitive. The table below contains the demand (or marginal-revenue-product) schedule for labor in each of these three markets. Assume there are 24 million homogeneous workers in the economy and that one-half of these workers are male and one-half are female
A. $7.00 for females and $7.00 for males
B. $7.00 for females and $13.00 for males
C. $8.00 for females and $13.00 for males
D. $8.00 for females and $11.00 for males
B. $7.00 for females and $13.00 for males
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If the price of smoothies is $3.50 in the United States and the exchange rate is 110 yen per dollar, then what is the yen price of smoothies?
A) 110 yen B) 240 yen C) 318 yen D) 385 yen
________ are documents that represent agreements between two or more parties about rights to payments of money
Fill in the blank(s) with correct word