Scenario 19-6
The after-school tutoring industry is competitive, and so is the labor market for after-school tutors. Suppose male and female tutors have equal experience and skill. Currently, some tutoring centers are biased and will only hire male tutors, whereas unbiased tutoring centers desire to hire the cheapest tutors and do not care about their genders. As a result, the equilibrium wage for male tutors is higher than that of female tutors.
-Refer to Scenario 19-6. If consumers do not discriminate between male and female tutors, then the
A) equilibrium wage for male and female tutors will eventually be identical.
B) equilibrium wage for female tutors will eventually fall.
C) equilibrium wage for male tutors will eventually rise.
D) equilibrium wage for male and female tutors will remain different, even in the long-run equilibrium.
Correct Answer:
Verified
Q220: In the presence of discrimination by customers,
A)market
Q221: Scenario 19-6
The after-school tutoring industry is competitive,
Q222: Scenario 19-6
The after-school tutoring industry is competitive,
Q223: Scenario 19-5
Kofi works part-time at a department
Q224: Scenario 19-6
The after-school tutoring industry is competitive,
Q225: Scenario 19-4
Assume that the labor market for
Q226: Scenario 19-5
Kofi works part-time at a department
Q227: Scenario 19-4
Assume that the labor market for
Q229: Which of the following scenarios exhibits statistical
Q230: Scenario 19-4
Assume that the labor market for
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