Why do economists say that discrimination is inherently inefficient and therefore will not occur in general?

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Economics

ISBN: 9781032046723

9th Edition

Authors: William Boyes, Michael Melvin

See More Books

Question Posted: Apr 25, 2024 12:00 AM

See More Questions

importance of workalike balance for women as a leader in healthcare. 1. The purpose of the research; 2. Research question/s; 3. Findings and relevant data; 4. Any recommendations and; 5. The...
Patrick HAYDEN and Melissa Hayden, on behalf of their minor child, A.H., Plaintiffs-Appellants, v. GREENSBURG COMMUNITY SCHOOL CORPORATION, et al., Defendants-Appellees. No. 13-1757.Decided: February...
In this case we are concerned with an employers genderbased fetal-protection policy. May an employer exclude a fertile female employee from certain jobs because of its concern for the health of the...
Suppose the city of Metropolis is experiencing a movement of its population to the suburbs. Each year 25% of the people that live in the city move to the suburbs, while only 5% of the people that...
Describe and compare worldwide professional auditing guidance on the use of subject-matter specialists/experts in auditing long-lived assets and related expense accounts.
On what two factors does the return on a foreign investment depend?
Is there a clear market for the product or service? LO.1
An accountant for Southern Manufacturing Companies (SMC) computed the following information by making comparisons between SMC's 2016 and 2017 balance sheets. Further information was determined by...
-Ken just purchased new furniture for his house at a cost of $16,600. The loan calls for weekly payments for the next 5 years at an annual interest rate of 11.11 percent. How much are his weekly...
Demonstrate, using two labor markets, what is meant by comparable worth. What problems are created by comparable worth? Under what conditions might comparable worth make economic sense? Explain.
Why are womens wages only 60 to 80 percent of mens wages, and why has this situation existed for several decades? Now that women are entering college and professional schools in increasing numbers,...
Match each of the key terms with the definition that best fits it. ________ Providing ongoing educational and problem-solving assistance to information system users. Support material and jobs must be...
Using the figure below, draw the FBD , ?Shear Force and Bending Moment diagrams and find the maximum internal moment for the beam shown. 10 kNm 10 kN 3 m
Suppose the goods market is: Y = 1800 - 100i and the LM curve Y = 500 +591, where x is the last digit of your ID number. Determine the equilibrium income (Y), interest rate (i). Explain the role of...
Complete the chart: [1] Length, L (m) Period, T (s) LogL LogT 0.10 0.63 0.20 0.90 0.30 1.00 0.40 1.27 0.50 1.42 0.60 1.55 0.70 1.68 0.80 1.80 0.90 1.90 1.00 2.02 Plot the data T vs L. [4 (title, axes...
A solid metal sphere with a diameter of 2 cm and a mass of 8 g is used for the following heat transfer experiments. You can assume the temperature throughout the inside of the metal sphere is...
2) A car 1200 kg is in a skid Force of friction 3200N and force of air resistance 1600N. Find the following i) The net force and acceleration of the car ii) The time required to stop from 95 km/hr...
The electricity supplied in Exercise 34 is transmitted over a line 80.0 km long with a resistance of 0.80 /km. (a) How many kilowatt-hours are saved in 5.00 h by stepping up the voltage? (b) At...
Suppose that the laptop of Prob. 2.16 is placed in an insulating briefcase with a fully charged battery, but it does not go into sleep mode, and the battery discharges as if the laptop were in use....
5. Which of the following is the cheapest for a borrower? a. 6.7% annual money market basis b. 6.7% semi-annual money market basis c. 6.7% annual bond basis d. 6.7% semi-annual bond basis.
Waterloo Industries pays 30 percent corporate income taxes, and its after-tax MARR is 24 percent. A project has a before-tax IRR of 26 percent. Should the project be approved? What would your...
Imagine you are an Investor in the Stock Market. Identify three companies in the Korean Stock Market (KOSPI) where you would like to invest. Explain your answer

Why do economists say that discrimination is inherently inefficient and therefore will not occur in general?

Question:

Step by Step Answer:

Economists often argue that discrimination is inherently inefficient and therefore will not occur in general due to several reasons Market Competition ...View the full answer

Economics

Students also viewed these Business questions