In a well-functioning market economy, who ultimately bears the cost of employment discrimination (failing to hire an otherwise qualified applicant due to an irrelevant variable), the employer or the applicant? Given this result, what is the optimal role for government regulation in hiring practices? Why? Be sure to consider costs and benefits in your answer. Consider University of Alabama football, what was the chief factor in integrating the football team, societal and regulatory pressures or results on the field?

Why do economists study sports teams when looking for evidence of labor-market discrimination?   Select one: a. because all four United States professional sports leagues (football, basketball, hockey, and baseball) require discrimination studies every five years b. because the salaries paid to professional athletes exhibit the superstar phenomenon, which is highly correlated with discrimination c. because nonwhites comprise a majority of starters for many professional sports teams d. because the wide availability of performance statistics allows economists to control for individual player productivity in ways that are difficult to do for other types of firms

As a manager, you want everyone on the team to earn the same bonus, regardless of effort. Which of the following distributive justice rule are you adhering to? Equity Equality Need Accuracy

Part B: As a policy analyst for the Congressional Budget Office, you have been asked to estimate the potential costs of occupational licensing to the U.S. economy. Using demand analysis, a basic examination of the national costs of licensing could be developed as follows: Suppose that the entire 10 percent wage premium is from market power (as opposed to greater productivity from enhanced human capital), and further assume that labor supply is perfectly elastic and the labor demand elasticity is 0.5. Hypothetically, assume that the Census data suggests that there are approximately 68 million licensed workers in the U.S. Also assume that the average earning is $50,000. Calculate the potential job loss and the annual cost to consumers as a consequence of occupational licensing. Hint: Recall that the movement up the demand curve is the change in wages times the labor demand elasticity times the number of workers. To calculate the costs, what would a license worker make if they were…

Suppose that the competitive wage in independent hockey league is $100,000 per season. One team owner has a taste for discrimination against all foreign players. Her coefficient of discrimination against European players is 0.15, and her coefficient of discrimination against Canadian players is 0.30. a) If she pays them the market salary, what salary she feels she is paying to each group? b) Given her preferences, what salary she will consider to be “fair” for each group? c) If the supply of players were perfectly elastic, what would happen to the representation of European, Canadian, and US-born players on the team? d) Who is going to be better and who is going to be worse off in this situation? Out of: the team owner, other teams owners, European players, Canadian players, US-born players, fans.

Which of the following statements is not correct?   a) Competitive markets tend to limit the impact of discrimination on wages.   b) Differences in earnings of whites and blacks or men and women provide clear evidence of discrimination.   c) Some differences in earnings are attributable to discrimination based on race, sex, or other factors.   d) Profit-maximizing behavior can reduce discriminatory wage differentials.

Some economists and management scholars argue that statements such as "diversity is an economic asset" or "diversity is a new strategic imperative" are unproved and perhaps unprovable assertions. Should social responsibility or market forces determine whether an organization strives to create a diverse workforce? Why?

Explain why unions have been slow to embrace environmental issues? What has been done to change this? 1. What is a key demographic trend you believe is influencing national or international unions in the 21st century? 2. 3. What are some of the characteristics of Canadian union membership and what is the significance of these features? 4. What is union density and why is this measure important? Some argue that high-performance work practices, nonunion representation, and nonstandard work practices are designed to be forms of union substitution and/or union avoidance. Do you feel this is true? Why or why not? 5. Assume you are a labour leader and that you are trying to organize a nonunion firm that has high-performance work practices and nonunion employee representation practices in place. What would you tell employees are the advantages of unionization even with these progressive HRM practices 6. Given the number of multinational companies and companies that operate in both Canada and…

Which of the following is part of the impact of restricting payments to college athletes? a. All athletes are paid less than their marginal revenue products b. Athletic departments make greater profits, which allows them to subsidize the school’s academic mission c. The demand for tickets and broadcast rights have been found to rise because of the popularity of amateurism among fans d. Rents are transferred from players, who are disproportionately black, to coaches who are largely white

The desire to maximize profits can work against racial and other types of discrimination. To see why, consider two equally productive accountants named Ted and Jared. Ted is black, and Jared is white. Both can complete 10 audits per month. Instructions: Enter your answers as a whole number. In part b, round your answer for profit rate to 1 decimal place. b. If the market price that accounting firms charge their clients for an audit is $2,000, what would the accounting profit per audit be for a firm that hired either Ted or Jared? $ What is the profit rate as a percentage? c. Suppose that firm A dislikes hiring black accountants, while firm B is happy to hire them. So Ted ends up working at firm B rather than firm A. If Ted works 11 months per year, how many audits will he complete for firm B each year? audits How much in accounting profits will firm B earn each year from those audits? d. Because firm A passed on hiring Ted because he was black, firm A is forgoing the profits it could…