Assume there are 24 million workers in the economy. Half are men and half are women. The

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Assume there are 24 million workers in the economy. Half are men and half are women. The workers supply their labor to three occupations (A, B, and C). Occupations A and B are men's occupations (they only employ men). Occupation C is a women's occupation (it only employs women). Otherwise, the occupations are the same. The accompanying demand schedule for workers is the same in all occupations.

a. Give two examples of possible occupations for A and B. Give two examples of possible occupations for C.

b. Assume that the labor supply to each occupation is perfectly inelastic. What will be the men's equilibrium wage? The women's?

c. If an antidiscrimination law is passed that forces equal employment of men and women in all three occupations, what would be the equilibrium wage rate in the occupations? Who would gain and who would lose as a result of the law?

Wage ($/hour) 17 15 13 11 9 7 Quantity of Workers Demanded (millions of workers/year) 6 8 10 12 14 16

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