subject
Business, 25.04.2020 01:06 diflakf

Suppose that the labor market for medical researchers is perfectly competitive, but employers of researchers have only imperfect information about the productivity of any researcher. Researchers come from one of two groups: A and B. The following statements describe the information that employers have about researchers: (i) they know that, on average, researchers from group A are more productive than researchers from group B; and (ii) they know that the worker-specific information that they observe is equally informative for researchers from group A and researchers from group B. According to the statistical discrimination model, which of the following statements about equilibrium wages of researchers is correct?
Group of answer choices

A. A researcher from group A will receive a higher wage than a researcher from group B with identical individual credentials only if the individual credentials are "above average"

B. A researcher from group A will receive a higher wage than a researcher from group B with identical individual credentials only if the individual credentials are "below average"

C. A researcher from group A always will receive a higher wage than a researcher from group B with identical individual credentials

D. Wages will vary less among researchers from group A than among researchers from group B

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 02:50
Acompany set up a petty cash fund with $800. the disbursements are as follows: office supplies $300 shipping $50 postage $30 delivery expense $350 to create the fund, which account should be credited? a. postage b. cash at bank c. supplies d. petty cash
Answers: 2
question
Business, 22.06.2019 17:30
Costco wholesale corporation operates membership warehouses selling food, appliances, consumer electronics, apparel and other household goods at 471 locations across the u.s. as well as in canada, mexico and puerto rico. as of its fiscal year-end 2005, costco had approximately 21.2 million members. selected fiscal-year information from the company's balance sheets follows. ($ millions). selected balance sheet data 2005 2004 merchandise inventories $4,015 $3,644 deferred membership income (liability) 501 454 (a) during fiscal 2005, costco collected $1,120 cash for membership fees. use the financial statement effectstemplate to record the cash collected for membership fees. (b) in 2005, costco recorded $46,347 million in merchandise costs (that is, cost of goods sold). record thistransaction in the financial statement effects template. (c) determine the value of merchandise that costco purchased during fiscal-year 2005. use the financial statementeffects template to record these merchandise purchases. assume all of costco's purchases are on credit.
Answers: 3
question
Business, 22.06.2019 21:00
Suppose either computers or televisions can be assembled with the following labor inputs: units produced 1 2 3 4 5 6 7 8 9 10 total labor used 3 7 12 18 25 33 42 54 70 90 (a) draw the production possibilities curve for an economy with 54 units of labor. label it p54. (b) what is the opportunity cost of the eighth computer? (c) suppose immigration brings in 36 more workers. redraw the production possibilities curve to reflect this added labor. label the new curve p90.
Answers: 2
question
Business, 22.06.2019 22:00
He interest rate effect is the change in real gdp caused by the federal reserve adjusting target interest rates. is the change in consumer and investment spending due to changes in interest rates resulting from changes in the aggregate price level. is the change in exports and imports, resulting from changes in the interest rate caused by changes in the aggregate price level. is the change in investment spending and government purchases caused by changes in money demand. is the change in interest rates, caused by changes to government purchases.
Answers: 2
You know the right answer?
Suppose that the labor market for medical researchers is perfectly competitive, but employers of res...
Questions
question
Mathematics, 25.02.2020 02:46
question
Social Studies, 25.02.2020 02:47
question
Mathematics, 25.02.2020 02:47
question
Mathematics, 25.02.2020 02:48
Questions on the website: 13722361