Question
1. If anti-trust legislation forced the monopolist to behave like a price-taker, then the firm would pay the wage rate _____ and the quantity of
1. If anti-trust legislation forced the monopolist to behave like a "price-taker," then the firm would pay the wage rate _____ and the quantity of labor employed would be _____. a. W1; Q1 b. W1; Q2 c. W2; Q1 d. W2; Q2
2. f men in occupation X earn $20 per hour and women in occupation Y earn $20 per hour, then: a. there is no discrimination b. there is discrimination against women if their marginal revenue product in occupation Y is lower than the marginal revenue product of men in occupation X c. there is discrimination against women if their marginal revenue product in occupation Y is higher than the marginal revenue product of men in occupation X d. there is statistical discrimination against women
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