The labor demand and supply data in the following table relate to a single occupation. Use them to answer the questions that follow. Base your answers on the taste-for-discrimination model.

Quantity of Hispanic Labor Demanded, Thousands	Hispanic Wage Rate	Quantity of Hispanic Labor Supplied, Thousands
24	$ 16	52
30	14	44
35	12	35
42	10	28
48	8	20

a. Plot the labor demand and supply curves for Hispanic workers in this occupation.

Instructions: (1) In the diagram below, use the tools provided 'D' and 'S' to draw the labor demand and labor supply curves. You should plot five price-quantity combinations for each curve.(2) Use the tool provided 'A' to identify theequilibrium wage rate and quantity of labor.

Instructions: In parts b, e, and f, enter your answers as a whole number. In part c, round your answer to 2 decimal places.

b. What is the equilibrium Hispanic wage rate?

$ ______

What is the equilibrium quantity of Hispanic employment?

______workers

c. Suppose the whitewage rate in this occupation is $16. What is the Hispanic-to-white wage ratio?

d. Suppose a particular employer has a discrimination coefficient d of $5 per hour. Will that employer hire Hispanic or white workers at the Hispanic-to-white wage ratio indicated in part c?

(Click to select) White workers Hispanic workers

e. Suppose employers as a group become less prejudiced against Hispanics and demand 14 more units of Hispanic labor at each Hispanic wage rate in the table.

What is the new equilibrium Hispanic wage rate?

$ ______

What is the new level of Hispanic employment?

_____workers

Does the Hispanic-to-white wage ratio rise or fall?

(Click to select) Rise Fall

f. Suppose Hispanics as a group increase their labor services in that occupation, collectively offering 14 more units of labor at each Hispanic wage rate.

Disregarding the changes indicated in part e, what is the new equilibrium Hispanic wage rate?

$ ______

What is the new level of Hispanic employment?

_____workers

Does the Hispanic-to-white wage ratio rise, or does it fall?

(Click to select) Rise Fall