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Questions and Answers
How does employee discrimination impact firm profitability according to the text?
How does employee discrimination impact firm profitability according to the text?
- It increases firm profitability due to lower labor costs.
- It decreases firm profitability due to lower labor productivity.
- It leads to higher employee turnover affecting profitability.
- It has no impact on firm profitability. (correct)
Why do integrated firms need to offer more than GHC15 per hour to attract white workers?
Why do integrated firms need to offer more than GHC15 per hour to attract white workers?
- Because of compensating wage differentials. (correct)
- Because white workers are cheaper to hire.
- Because black workers are cheaper to hire.
- Because of human capital differences.
What happens to labor demand for black and white workers when employers hire whichever labor is cheaper?
What happens to labor demand for black and white workers when employers hire whichever labor is cheaper?
- Demand for both black and white labor increases.
- Demand for black labor decreases, demand for white labor increases.
- Demand for black labor increases, demand for white labor decreases. (correct)
- Demand for both black and white labor decreases.
Which factor plays a significant role in the determination of compensating wage differentials?
Which factor plays a significant role in the determination of compensating wage differentials?
Why might integrated firms need to offer more than GHC15 per hour even if they dislike black workers?
Why might integrated firms need to offer more than GHC15 per hour even if they dislike black workers?
What effect does labor mobility have on compensating wage differentials?
What effect does labor mobility have on compensating wage differentials?
In a color-blind employer scenario, what drives their hiring decisions?
In a color-blind employer scenario, what drives their hiring decisions?
How does perfect substitutability between black and white workers affect labor market discrimination?
How does perfect substitutability between black and white workers affect labor market discrimination?
How does human capital contribute to differences in wages between black and white workers?
How does human capital contribute to differences in wages between black and white workers?
Why do color-blind employers favor hiring cheaper labor?
Why do color-blind employers favor hiring cheaper labor?
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