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Other Fields Homework Help Economics Topic started by: Rade An on Mar 24, 2022



Title: Can u pls solve the attachments pls
Post by: Rade An on Mar 24, 2022
Can u pls solve the attachments pls


Title: Re: Can u pls solve the attachments pls
Post by: bio_man on Mar 24, 2022
Do you mind copy-pasting the text into your next reply?


Title: Re: Can u pls solve the attachments pls
Post by: Rade An on Mar 25, 2022
1. Consider two people: Rae and Jae. Rae and Jae can purchase meat or salad.
Rae likes meat more than Jae does, and Jae likes salad more than meat.
a) Draw a graph showing the indifference curves for Rae and Jae, with salad on the vertical axis and meat on the horizontal axis. Explain the slopes of the indifference curves:
b) Who has the steeper indifference curve?
c) What does the slope of the indifference curve tell you about the person’s preference?
d) How do you think social norms about who shops for groceries might affect the purchases made in a family?
2. The country of Workland has three sectors: Services, Manufacturing and Primary Production (S, M and P)
There are 500 male workers and 400 female workers in the country.
They are distributed according to
Men
Women
Services
200
220
Manufacturing
250
150
Primary Production
50
30
Calculate the Duncan index of dissimilarity for this economy.

3. Consider the following article:
https://montrealgazette.com/news/quebec/saint-eustache-hospital-posts-job-offers-for-whitewoman-
only-report
Classify the discrimination type according to Becker’s taste-based discrimination. Explain why you
made this choice. Is this legal in Canada?
4. In Not-equal Incorporated, the average wage of a white male is $25 per hour. The average wage
of a female person of colour is $18.
a) Write the equation for the relationship between these wages if
a. The difference is due to employer based discrimination.
b. The difference is due to employee based discrimination.
b) For each case, calculate D as a percent of W’.
5. Consider Jake and Al. They are considering going to Portugal or Sweden once the pandemic
ends. Here are their payoffs:


Title: Re: Can u pls solve the attachments pls
Post by: Ed818 on Mar 25, 2022
1. Consider two people: Rae and Jae. Rae and Jae can purchase meat or salad. Rae likes meat more than Jae does, and Jae likes salad more than meat. a) Draw a graph showing the indifference curves for Rae and Jae, with salad on the vertical axis and meat on the horizontal axis. Explain the slopes of the indifference curves: b) Who has the steeper indifference curve? c) What does the slope of the indifference curve tell you about the person’s preference? d) How do you think social norms about who shops for groceries might affect the purchases made in a family?

[attached]

(A) Here, on the graph of Indifference curve for Rae and Jae, Showing that point A, Jae likes salad more than meat, On point B, likes of meat and salad are equal by Rae and Jae. At last point C is showing that Rae likes meat more than salad.

(B) Jae has steeper indifference curve, because salad on the vertical axis of graph showing jae like more salad than meat.

(C) The slope of the indifference curve tell about the person's preference that Jae likes salad more than meat on point A, Rae likes meat more than salad on point C, whether point B meat and salad are liking equally by Rae and Jae.

(D) Yes, social norms about who shop for groceries might affect the purchases made in the family because social norms direct to the producer of groceries qualitative products that so, family can be faithful for quality product at their house. otherwise when quality will be bad than family feel cheated by producers of groceries.