Using the the labor market graph top one in the photo Answer
Using the the labor market graph (top one in the photo). Answer these economic questions.
1. In the labor market graph the total wage cost to the employer for rate for the number of female hired is?
A. 30$ B. $35 C. 20 D. 25
2. In the labor market graph the total wage cost to the employer rate for the number of workers hired absent discrimination is?
A.20$ B.30$ C.25$ D.35$
3. In the labor market graph the quantity of those hired absent discrimination is?
A.7 B.6 C.4 D.5
Answer 1 of 1 Done 3 Solution
1. Total wage cost = Wage x No. of workers = At point e = 5 x 4 = $ 20
Answer is C) $ 20
2. Total wage cost = Point e\' = 6 x 5 = $ 30
Answer is B) $ 30
3. D) 5 workers are hired when there is no discrimination.
