Extension questions Question 4: [CMP] of a discriminating firm in competitive factor markets [graded for comple- tion] *This question is based on Becker, Gary S. (1957). The Economics of Discrimination. There are two soccer teams in the MLS, labeled A and B. Both teams produce goals using foreign players, ly, and domestic players, I, (h for "home"). We assume that teams produce goals with a Cobb-Douglas production function: Let wy and wh denote wages paid to foreign and domestic players, respectively. We assume that all Canadian (and foreign) players have the same ability, but the two groups of players do not necessarily have the same ability. That is, it is not necessary that a = B. Team A wishes to minimize the money costs of producing a target level of output equal to y. Team B faces the same problem with the only difference that it acts as if the wage rate of the foreign player is (1 + d)wy, instead of wy, with d > 0. In his pioneering work on discrimination, Becker refers to "d' as a "discrimination coefficient." It measures the "taste for discrimination" of this team, the monetary equivalent of the dislike or aversion that this team has toward hiring, in this particular case, foreign players