Why Would a Wage Differential Due to Discrimination Be Unlikely

question 263

Multiple Choice

Why would a wage differential due to discrimination be unlikely to persist in a competitive labor market? (i) Workers who are victims of discrimination will eventually drop out of the labor market.
(ii) Competing firms will hire more of the workers who are temporarily victimized by discrimination.
(iii) There is a cost advantage for firms that do not discriminate.

• A)(i) and (ii)
• B)(ii) and (iii)
• C)(i) and (iii)
• D)(i), (ii), and (iii)

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Definitions:

Louis Pasteur

A French biologist, microbiologist, and chemist renowned for his discoveries of the principles of vaccination, microbial fermentation, and pasteurization.

Nucleic Acid

Macromolecules essential to all known forms of life, which store and transmit genetic information in cells mainly in the forms of DNA and RNA.

RNA-First Hypothesis

In chemical evolution, the proposal that RNA originated before other macromolecules and allowed the formation of the first cell(s).

Enzymes

Biological molecules that significantly speed up the rate of virtually all of the chemical reactions that take place within cells.