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. With women confined to occupation Z and men free to choose occupations, how will this affect the wages paid?
A) Men and women will both be paid $5.
B) Men will be paid $5 and women $4.
C) Men will be paid $6.50 and women $3.
D) Women and men will both be paid $6.50.
Correct Answer:
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