Competitive markets tend to ?

Human Capital 24/11/2020

A. Increase labor market discrimination because some workers can charge more for their services than other workers in a competitive market
B. have no impact on labour market discrimination
C. reduce labour market discrimination because non-discrimination firms will employ cheaper labour earn more profits and drive discriminating firms out of the market
D. increase labour market discrimination because bigoted employers can charge any price they want in a competitive market to cover the cost of their discrimination

Related Mcqs:

    The most important source of wage differentials are ?
    A. regional variation B. unionization C. relative danger D. skills...
    The opportunity cost of acquiring education is ?
    A. course fees B. course fees and living expenses C. the earnings foregone D. Course fees living expenses and textbook...
    Skilled labor is relatively scarce because ?
    A. there are too few teachers B. too few student places in higher education C. it is costly to acquire human capital D. teachers’ salaries are too low...
    Top footballers tend to earn more than lecturers because ?
    A. footballers give more entertainment B. lecturers are lazy C. the labor markets are imperfect D. top footballers are relatively scarce in relation to lecturers...
    Which of the following explanations of wage differentials is not likely to be true ?
    A. Men have more human capital than women B. Employers in competitive markets are bigots C. Men have more job experience than women D. None of the above...

Leave a Reply

Your email address will not be published. Required fields are marked *