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Suppose the Market Wage Rate for Whites Is $18 an Hour

Question 237

Multiple Choice

Suppose the market wage rate for whites is $18 an hour and the monetary value a prejudiced employer attaches to the disutility of hiring African Americans is $3. This employer will be indifferent between hiring African Americans and whites only when the African-American wage rate is


A) $3.
B) $12.
C) $15.
D) $21.

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