Question: 12. KEY QUESTION The labour demand and supply data in the table below relate to a single occupation. Use them to answer the questions that
12. KEY QUESTION The labour demand and supply data in the table below relate to a single occupation. Use them to answer the questions that follow. Base your answers on the taste-for-discrimination model.
Quantity Quantity of visible of labour Visible minority labour demanded, minority supplied thousands wage rate (thousands)
24 $16 52 30 14 44 35 12 35 42 10 28 48 8 20
a. Plot the labour demand and supply curves for visible minority workers in this occupation.
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