According to Split Labour Market Theory, Which of the Following

question 88

Multiple Choice

According to split labour market theory, which of the following categories are most likely to discriminate?

• A)highly paid non-white workers competing with immigrants for the same jobs
• B)recent immigrants from different countries competing for the same jobs
• C) white workers (expensive labour) being displaced by immigrants (cheap labour)
• D) the state by discriminating against immigrants by limiting access through head taxes

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Definitions:

Cobb-Douglas Utility Functions

A particular form of utility function used in economics that represents preferences over two goods, characterized by their constant elasticity of substitution.

Pareto Optimal

A distribution state of resources where no adjustment can be made to better the position of any individual or evaluation criterion without negatively affecting another.

Consumption Externalities

The impact of one's consumption activities on the welfare of others that is not reflected in market prices, either positive or negative.

Competitive Equilibrium

A market state where supply equals demand, ensuring that every buyer and seller is satisfied at the current price.