Business, 16.08.2021 20:50 DESI111609
A firm’s production function is given by q = 40 ln(EW + EB + 1) where EW and EB are the number of whites and blacks employed by the firm, respectively. From this it can be shown that the marginal product of labor is MPE = 40 / (EW + EB + 1). Suppose the market wage for blacks is $50, the market wage for whites is $100, and the price of each unit of output is $20.
(a) How many workers of each race would a non-discriminating firm hire? How much profit is earned if there are no other costs?
(b) How many workers of each race would a firm with a discrimination coefficient of 0.6 against black workers hire? How much profit is earned if there are no other costs?
(c) How many workers of each race would a firm with a discrimination coefficient of 1.2 against black workers hire? How much profit is earned if there are no other costs?
Answers: 2
Business, 22.06.2019 02:00
What is the main role of ctsos at the local level? at the local level, the main role of ctsos is to encourage students to become urge them to programs and competitive events.1. a.internsb.traineesc.members2.a.participateb.trainc.win
Answers: 3
Business, 22.06.2019 04:30
Georgia's gross pay was 35,600 this year she is to pay a federal income tax of 16% how much should georgia pay in federal income ax this year
Answers: 1
Business, 22.06.2019 17:50
On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?
Answers: 2
Business, 22.06.2019 19:40
Which term describes an alternative to car buying where monthly payments are paid for a specific period of time, after which the vehicle is returned to the dealership or bought? a. car financing b. car maintenance c. car leasing d. car ownership
Answers: 3
A firm’s production function is given by q = 40 ln(EW + EB + 1) where EW and EB are the number of wh...
Social Studies, 08.05.2021 21:20
Mathematics, 08.05.2021 21:20
Mathematics, 08.05.2021 21:20
Social Studies, 08.05.2021 21:20
Computers and Technology, 08.05.2021 21:20
History, 08.05.2021 21:20
Physics, 08.05.2021 21:20
Mathematics, 08.05.2021 21:20
Chemistry, 08.05.2021 21:20
Mathematics, 08.05.2021 21:20
Social Studies, 08.05.2021 21:20