Suppose the hourly marginal revenue product of all workers in a particular labor market is MRP L

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Suppose the hourly marginal revenue product of all workers in a particular labor market is MRP_L = 20 - L, where L =

the number of workers. The hourly wage rate for women in this market is W =

$5.75. What is the gap between MRPL and wage in this labor market if L = 12? Is this gap a reliable measure of discrimination against women in this market?

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Modern Labor Economics Theory And Public Policy

ISBN: 9780132540643

11th Edition

Authors: Ronald Ehrenberg, Robert Smith

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Question Posted: Feb 10, 2024 07:00 AM

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Suppose the hourly marginal revenue product of all workers in a particular labor market is MRP L

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The hourly marginal revenue product of labor is given by MRP L 20 L Here L is the number of workers ...View the full answer

Modern Labor Economics Theory And Public Policy

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