Apply the Labour Market Segmentation Theory and the Gendered Work

question 6

Essay

Apply the labour market segmentation theory and the gendered work and organizations theory to an analysis of gender inequality in the labour market. How do these models account for both gender stratification within occupations as well as the gender wage gap?

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Definitions:

Fixed Cost

Costs that do not vary with the level of output or production, such as rent or salaries.

Variable Cost

Costs that vary directly with the level of output or production volume, such as materials and labor expenses.

Average Variable Cost

The total variable costs incurred by a firm divided by the quantity of output produced.

Marginal Cost

The extra cost resulting from the manufacture of an additional unit of a product or service.