Question: Please help ASAP Question 6 0 / 4 pts Refer to Scenario 1. How much profit is earned by the firm with a discrimination coefficient
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Question 6 0 / 4 pts Refer to Scenario 1. How much profit is earned by the firm with a discrimination coefficient of 0.6 against black workers if there are no other costs? Round your answer to two decimals.Scenario 1 A rm's production function is given by O = 40 in(Ew + 3 + 1) where Ew and E3 are the number of whites and blacks employed by the firm respectively. From this it can be shown that the marginal product of labor is _ 40 MPE Ew+En+1 Suppose the market wage for black workers is $50, the market wage for white workers is $100, and the price of each unit of output is $20
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