Suppose That a Firm Needs 20 Workers, and Pays 10

question 53

Multiple Choice

Suppose that a firm needs 20 workers, and pays 10 male workers $100 per day and 10 female workers $60 a day. These wage differences are ________ caused by employer discrimination since ________.

• A) most likely; the employer could decrease profits by $1,000 per day by hiring all females
• B) most likely; the employer could increase profits by $400 per day by hiring all females
• C) likely not; the employer could increase profits by $400 per day by hiring all females
• D) likely not; the employer could decrease profits by $1,000 per day by hiring all females

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Definitions:

Blisspoint

The optimal level of consumption or exposure where consumer satisfaction is maximized, often used in context with food flavors or media content.

Delay-Reduction Theory

Behavior economic theory that states that overall behavior in a choice task is based on the matching law, while individual choices are determined by which choice produces the shortest delay in the next reinforcement

Matching Law

A principle in behavioral psychology stating that the proportion of responses on a particular schedule matches the proportion of reinforcers obtained on that schedule.

Maximization Theory

The principle that decision-makers aim to make choices that result in the highest possible benefit or utility.