Chapter 14: Problem 35
How would you expect immigration by primarily low-skill workers to affect American low-skilled workers?
Chapter 14: Problem 35
How would you expect immigration by primarily low-skill workers to affect American low-skilled workers?
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Get started for freeWhat is the marginal cost of labor for a firm that operates in a competitive labor market? How does this compare with the MCL for a monopsony?
If all countries eliminated all barriers to immigration, would global economic growth increase? Why or why not?
Explain in each of the following situations how market forces might give a business an incentive to act in a less discriminatory fashion. a. A local flower delivery business run by a bigoted white owner notices that many of its local customers are black. b. An assembly line has traditionally only hired men, but it is having a hard time hiring sufficiently qualified workers. c. A biased owner of a firm that provides home health care services would like to pay lower wages to Hispanic workers than to other employees.
If it is not profitable to discriminate, why does discrimination persist?
Compared with the share of workers in most other high-income countries, is the share of U.S. workers whose wages are determined by union bargaining higher or lower? Why or why not?
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