Figure 14.4 -Refer to Figure 14.4 to Answer the Following Questions

question 149

Essay

Figure 14.4

-Refer to Figure 14.4 to answer the following questions.
a.What is the equilibrium quantity of firefighters hired, and what is the equilibrium wage?
b.What is the equilibrium quantity of paralegals hired, and what is the equilibrium wage?
c.Explain why firefighters might earn a higher weekly wage than paralegals.
d.Suppose that comparable worth legislation is passed, and the government requires that firefighters and paralegals be paid the same wage, $800 per week.Now how many firefighters will be hired and how many paralegals will be hired?

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Definitions:

Southern Democrats

Members of the Democratic Party in the southern United States, historically associated with pro-slavery and segregationist policies until the mid-20th century.

New Deal

Initiatives including programs, public works, fiscal reforms, and regulatory measures were launched by President Franklin D. Roosevelt throughout the 1930s in the United States to help the nation recover from the Great Depression.

Union Membership

The status of belonging to a labor union, an organization that represents workers in negotiations with employers regarding wages, working conditions, and other employment rights.

Cultural Inclusion

The practice of recognizing and respecting the diverse backgrounds, values, and perspectives within a group or organization.