f. Suppose visible minorities as a group increase their labour services in that occupation, collectively offering 14

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f. Suppose visible minorities as a group increase their labour services in that occupation, collectively offering 14 more units of labour at each visible-minority wage rate. Disregarding the changes indicated in part (e), what are the new equilibrium visible-minority wage rate and level of visible-minority employment? Does the visible minority–white wage ratio rise, or does it fall?

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Microeconomics : Microeconomics: Principles, Problems, And Policies

ISBN: 9781631577277

1st Edition

Authors: McConnell / Stanley L. Brue / Thomas P. Barbiero

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