Suppose That Employers Engage in Statistical Discrimination Based on the Information

question 51

Multiple Choice

Suppose that employers engage in statistical discrimination based on the information that,on average,women cost more to employ than men for various reasons.As a result,employers pay women less,on average,than they pay men.Assuming that the information is correct,what would be an effect of the law that requires employers to pay the same wage as men for the same job?

• A) More women will be employed.
• B) Fewer women will be employed.
• C) No change in women's employment, but more men will be employed.
• D) No change in men's employment, but more women will be employed.

Comprehend patterns of growth in infancy and their implications for development.

Understand the process and terminology associated with giving birth.

Gain knowledge of strategies to enhance infant survival rates and the challenges faced by low-birth-weight babies.

Understand the process and significance of mitosis and meiosis in human reproduction.

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Definitions:

Short-Run

A period in which at least one factor of production is fixed, and firms can only adjust variable inputs.

Supply Curve

A graph illustrating how much of a product a firm will sell at different prices.

Zero-Profit Equilibrium

A situation in competitive markets wherein, due to free entry and exit, firms only earn a normal profit, which is their lowest level of profit necessary to keep them in business.

Industry Expands

The process of a sector growing in size through increased production, possibly due to higher demand or technological advancements.