Labor Market Production Possibilities Curve 5 Consumption goods per year plect t

Question

Labor Market Production Possibilities Curve 5 Consumption goods per year plect 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: in the left hand diagram represent wage discrimination. Locate the Wage discriminator demand curve so it crosses the Supply curve at the coordinates (4,5) and e Demand absent discrimination so it crosses the Supply curve at the coordinates (5,6) in the right hand diagram represent a production possibilities curve (PPC), Assuming inefficiency due to labor market discrimination, represent an initial interior int "A" at coordinates (3,3) Also represent on the PPC a point "B" at the coordinates (3,5); a point "C" at (6,4) and a point "D" at (8,3)

Explanation / Answer

Answer 3. a) 4 females are hired.

When we plot the wage discriminator demand curve.

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