Many economists suggest that absent legal mechanisms of discrimination, the wage paid to men and women will converge because

Question

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Profit-minded employers seek to reduce labor costs while maximizing output, and they will hire whoever is most productive and cost-effective regardless of their gender. If women are paid less than men, employers have a financial incentive to hire women and pay them less. This creates competition between employers for female labor, resulting in higher wages for women, and eventually causes the pay gap between men and women to converge.

Many Economists Suggest That Absent Legal Mechanisms of Discrimination, the Wage