--%>
Assignment Help - homework help

Wage Discrimination and Social Welfare

The sum up of monopsonistic exploitation by the firm raises however the firm as well operates at a more socially and economically proficient level of output and employment whenever the firm is capable to engage in: (i) Blacklisting in its hiring of the labor. (ii) Yellow dog contracts in collective bargaining of negotiations. (iii) Feather-bedding in its employment practices. (iv) Wage discrimination. (v) Effectiveness wage setting for the employees who have precise human capital.
What is the right answer?

   Related Questions in Microeconomics

  • Q : Disadvantages of mixed economy system

    Tell me what are the disadvantages of mixed economy system?

    		•
  • Q : Perfectly demand elasticity On a

    On a horizontal demand curve, there: (w) demand is perfectly elastic. (x) demand is perfectly inelastic. (y) the elasticity of demand varies. (z) demand is unitarily elastic. Can someone explain/help me with best s

    		•
  • Q : Collective Bargaining-John Hicks model

    I have a problem in economics on Collective Bargaining-John Hicks model. Please help me in the following question. Sir John Hick’s model of the collective bargaining doesn’t describe: (1) Final wage settlements. (2) The period of strikes.

    		•
  • Q : Problem on Agency Shop Agreements Can

    Can someone please help me in finding out the accurate answer from the following question. Needs for all the workers to pay union dues or the equivalent are features of collective bargaining agreements that firms will function: (1) An open shop. (2) A closed shop. (3)

    		•
  • Q : Short-run consequence of hurricanes

    A probable short-run consequence of a devastating sequence of hurricanes smashing by Florida would be: (w) reductions within the prices of building materials. (x) raises the price of tickets at Disney World. (y) declining demand for Florida oranges due to higher price

    		•
  • Q : Marginal resource cost for a monopsonist

    Can someone help me in finding out the right answer from the given options. The marginal resource cost for the monopsonist in labor market which can’t wage discriminate: (i) Is perfectly elastic. (ii) Lies above the market supply of labor. (iii) Is perfectly ine

    		•
  • Q : Profit Maximization-Labor Markets If,

    If, after hiring the very last worker, the firm's profit is similar as it was before the last worker was hired, then the firm must: (1) Hire more workers to raise gain. (2) Layoff certain workers to raise the gain. (3) Not hire any more workers. (4) Shut down in short

    		•
  • Q : Relative price of the good The demand

    The demand curve depicts a negative relationship among price and quantity demanded since the quantity demanded rises if there is a decline in the: (1) Size of the family. (2) Incomes of the consumer. (3) Relative price of good. (4) Price of the substitute good. <

    		•
  • Q : Circular flow of Income Elucidate the

    Elucidate the circular flow of Income in two sector model. Answer: There are just two sectors namely: Firms and households. Households give factor services to the fi

    		•
  • Q : Average total costs above the demand

    A profit-maximizing monopolist will necessarily incur economic losses when, at every feasible level of output as: (w) average fixed costs [AFC] are very high. (x) average total costs [ATC] lies above the demand curve. (y) average tota

    		•