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There are one hundred jobs and one hundred workers in a competitive job market. All workers are equally productive. All employers dislike female workers but vary by the degree of their dislike. Job one's employer dislikes females by $1 a week, job two's employer by $2 a week, and so forth, such that job one hundred's employer dislikes females by $100 a week. Assume male workers are paid $500 a week. If there are 40 females and 60 males in the labor force, then which of the following is true in the short-run equilibrium?
a. employer 40 will pay a wage of $440 and hire a female
b. employer 10 will pay a wage of $440 and hire a female
c. employers of males could increase their monetary profit by hiring females instead
d. All of the above are true
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There are one hundred jobs and one hundred workers in a competitive job market. All workers are equa...
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