Asked by Abigail Rodriguez on May 26, 2024
Verified
When the occupational choices of women or minorities are restricted, this results in
A) lower wages for these groups, but has no effect on the efficient allocation of labor resources.
B) lower wages for these groups, but more efficient allocation of labor resources.
C) lower wages for these groups and less efficient allocation of labor resources.
D) higher wages for these groups and more efficient allocation of labor resources.
Occupational Choices
The decisions individuals make regarding their employment, including type of job, industry, and professional career path.
Labor Resources
The available physical and mental human effort used to produce goods and services in an economy.
Wages
The fixed regular payments, typically paid on a daily or weekly basis, made by an employer to an employee, especially to manual or unskilled workers.
- Acquire insight into how models of discrimination within labor markets influence economic output and efficiency.
Verified Answer
Learning Objectives
- Acquire insight into how models of discrimination within labor markets influence economic output and efficiency.
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