Figure 3.22 - Impact of Gender Discrimination on Household's Optimal Choice
Figure 3.22 is a graph that details the household's feasible choices under gender discrimination. The horizontal axis represents the total hours of non-working time, from 14 to 34, while the vertical axis shows total household consumption, from 0 to 600. All points are given in the coordinate format (non-working hours, consumption). The figure displays a new feasible frontier, which includes a solid straight line segment from (34, 0) to K (26, 240), representing the case where only Luis works. It also shows a dashed line from K to (14, 600) and indicates that the original optimal choice, Point B (22, 360), is located on this now-unattainable segment.
0
1
Tags
Sociology
Social Science
Empirical Science
Science
Economics
Economy
CORE Econ
Introduction to Microeconomics Course
Ch.3 Doing the best you can: Scarcity, wellbeing, and working hours - The Economy 2.0 Microeconomics @ CORE Econ
The Economy 2.0 Microeconomics @ CORE Econ
Related
Scenario: Only Luis Performs Paid Work
Scenario: Both Ana and Luis Perform Paid Work
Gender Discrimination Reduces the Household's Feasible Set
Figure 3.22 - Impact of Gender Discrimination on Household's Optimal Choice
Wage Discrimination and Reduced Total Household Paid Work
Income and Substitution Effects of Ana's Lower Wage
The Ana and Luis Model as an Explanation for the Gender Division of Labor
Learn After
Activity: Analyze the Household's Choice with Gender Discrimination using Figure 3.22
Feasible Frontier Segment where Only Luis Works (Figure 3.22)
Feasible Frontier Segment where Both Ana and Luis Work (Figure 3.22)
The Household's New Optimal Choice under Discrimination (Point D in Figure 3.22)
Representation of the Original Optimal Choice (Point B) in Figure 3.22
Unattainable Segment of the Original Feasible Frontier (Figure 3.22)