Question
Assumptions: (1) the labor force comprises 9 million men and 9 million women workers; (2) the economy has 3 occupations, X, Y, and Z, each
Assumptions: (1) the labor force comprises 9 million men and 9 million women workers; (2) the economy has 3 occupations, X, Y, and Z, each having identical demand curves for labor; (3) male and female workers are homogeneous with respect to their labor-market capabilities; (4) women are discriminated against by being excluded from occupations X and Y and are confined to Z; and (5) aside from discrimination, the economy is competitive, and workers seek to maximize their earnings. Refer to the diagram and list of assumptions. Under these circumstances 9 million women will be employed in occupation Z, and 4.5 million men each in occupations X and Y. 3 million men in X, and 6 million men in Y. 6 million men in X, and 3 million men in Y. 5 million men in X, and 4 million men in Y.
Occupation Z Wage Rate ANWALTOVO DZ 0 1 2 3 4 5 6 7 8 9 Employment (Millions) and 4.5 million men each in occupations X and Y. 3 million men in X, and 6 million men in Y. 6 million men in X, and 3 million men in Y. 5 million men in X, and 4 million men in YStep by Step Solution
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