Scenario 17-1 In Academia, Professors in Some Disciplines Receive Higher Salaries Than

question 200

Multiple Choice

Scenario 17-1
In academia, professors in some disciplines receive higher salaries than others. For example, professors teaching in business schools receive higher salaries than professors in the English department. Suppose at Unity College, assistant professors in the business school earn $80,000 while assistant professors in the English department earn $50,000. Now suppose the government passes comparable worth legislation that requires academic institutions to pay all faculty the same salaries.
-Refer to Scenario 17-1.Following the passage of comparable worth legislation, Unity College responds by placing salaries at $65,000.Which of the following is the result of the legislation?

• A)The supply of English professors increases and the supply of business professors decreases.
• B)The demand for English professors decreases and the demand for business professors increases.
• C)There will be a surplus in the market for English professors and a shortage in the market for business professors.
• D)There will be a surplus in the market for English professors and the market for business professors will not be affected.

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Definitions:

Self-Efficacy

An individual's belief in their own capacity to execute behaviors necessary to produce specific performance attainments.

Competently

With adequate ability, knowledge, or skill; effectively and efficiently.

Reciprocal Determinism

A concept in social cognitive theory that suggests individual behavior, personal factors, and environmental influences interact and influence each other.

Perception

The process by which the brain actively organizes and interprets sensory information.