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2. Suppose the marginal revenue product is $20 per hour regardless of race. An employer who faces an hourly wage of $14 per black worker
2. Suppose the marginal revenue product is $20 per hour regardless of race. An employer who faces an hourly wage of $14 per black worker and $17 per white worker decides to hire all white workers. Of the models we learned in class, what kind of discrimination is this? Would we expect there to be persistent equilibrium wage gaps in this market if all discrimination were like this
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