In the RHS Production Possibilities Curve graph assuming the

In the RHS Production Possibilities Curve graph, assuming the initial point \"A\" is interior due entirely to discrimination, how many more capital goods are produced by eliminating discrimination and moving to point \"C\"?

In the LHS Labor Market Graph the quantity of those hired Absent Discrimination is:

A. 5

B. 7

C. 4

D. 6

In the LHS Labor Market Graph the wage rate for those Absent Discrimination is:

A. 4

B. 6

C. 5

D. 7

In the LHS Labor Market Graph the quantity of Females hired is:

A. 4

B. 5

C. 6

D. 7

In the RHS Production Possibilities Curve graph, assuming the initial point \"A\" is interior due entirely to discrimination, how many more capital goods are produced by eliminating discrimination and moving to point \"C\"?

A. 3

B. 1

C. 2

D. 4

In the RHS Production Possibilities Curve graph, assuming the initial point \"A\" is interior due entirely to discrimination, how many more consumption goods can be produced by eliminating discrimination and moving to point \"C\"?

A. 5

B. 3

C. 4

D. 2

There are 2 initial diagrams, the left one represents a labor market, the right a production possiblities curve. Click here to bring up a template on which to draw a graph to respond to the questions in this quiz Labor Market Production Possibilities Curve Fensale 5 Consumption goods per year Select the File/Copy commands in Google to make a copy of the graph in your Google Drive Account, then follow the below Instructions to complete the graph: 1. in the left hand diagram represent wage discrimination. Locate the wage discriminator derrard curve so·crosses the Spply arve at the coordinates (4,5) and the Demand absent discrimination so it crosses the Supply curve at the coordinates (5.6) 2. in the right hand diagram represent a production possibilities curve (PPC). Assuming inefficiency due to labor market discrimination, represent an initial interior point \"A\" at coordinates (3.3). Also represent on the PPC a point \'8 at the coordinates 6.5); a point \" at (6,4) and a point o

Solution

Answer 1:

In the llabor market graph, the quantity of those hired absent discrimination is 5 units. Thus, option A.

Answer 2:

Thw wage rate is 6 in case of absent discrimination. Thus, option B.

Answer 3:

Option A. 4 female are hired.

Answer 4:

Option B. 1 unit more is produced as production at A = 3 units and production at C = 4 units.

Answer 5:

Option B. 3 units more of consumption goods can be produced by moving from point A to point C.