Scenario 19-6 the After-School Tutoring Industry Is Competitive, and So Is the Is

question 66

Multiple Choice

Scenario 19-6
The after-school tutoring industry is competitive, and so is the labor market for after-school tutors. Suppose male and female tutors have equal experience and skill. Currently, some tutoring centers are biased and will only hire male tutors, whereas unbiased tutoring centers desire to hire the cheapest tutors and do not care about their genders. As a result, the equilibrium wage for male tutors is higher than that of female tutors.
-Refer to Scenario 19-6. If some families strongly prefer their children to be tutored by male tutors, then

• A)the difference in male and female tutor wages will eventually disappear.
• B)biased tutoring centers can charge more for tutoring to offset the higher cost of hiring only male tutors.
• C)all unbiased tutoring centers will go out of business in the long run.
• D)all biased tutoring centers will make a profit in the short run, but will go out of business in the long run.

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