Which of the following is an example of labor-market discrimination? You may assume that worker A and worker B have identical characteristics except for the ones listed. A firm offers a higher salary to worker A than worker B because worker A
a. has more experience.
b. is willing to travel two weeks out of each month, whereas worker B will not travel more than three nights a month.
c. has a special certification that directly relates to her job, whereas worker B does not.
d. is a young blonde woman, whereas worker B is an older, gray-haired man.
d
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Which of the following statements is not compatible with the opportunity cost theory?
A) Demand plays a role in the determination of costs. B) Labor costs depend upon the demand for labor. C) Relative prices reflect the relative amount of human labor required to produce goods. D) Supply as well as demand depends upon subjective preferences.
MacDougall's test provides evidence that exports are positively related to labor productivity
Indicate whether the statement is true or false