Many economists argue that the best way to correct employer discrimination is to
a. pass comparable worth laws
b. increase the price of output, thereby raising profit
c. shift the marginal revenue product curve of the unfavored group to the right
d. shift the demand for labor to the left
e. allow the market mechanism to equalize wages
E
Economics
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Define price discrimination. What factors must be present in order for a monopolist to price discriminate? Why do firms price discriminate?
What will be an ideal response?
Economics
The economy pictured in the figure has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 
A. recessionary; A B. recessionary; C C. recessionary; B D. expansionary; A
Economics