The following figures show the demand (D) and supply (S) curves of micro and macro economists.Figure 16.6

-From an economist's viewpoint, discrimination occurs if there is a wage differential between two groups when there is no difference in the marginal revenue product of the two groups.

Question

The following figures show the demand (D) and supply (S) curves of micro and macro economists.Figure 16.6
 
-From an economist's viewpoint, discrimination occurs if there is a wage differential between two groups when there is no difference in the marginal revenue product of the two groups.

Quizplus · Accepted Answer

This definition of discrimination is accurate and reflects the economic perspective on the issue. If two groups are equally productive and have the same marginal revenue product, but one group receives a lower wage, this constitutes discrimination.

The Following Figures Show the Demand (D) and Supply (S)