1. Under the household production model, the full cost of any activity equals:
A. the cost of purchased inputs.
B. the opportunity cost of time
C. the sum of the cost of purchased inputs and the opportunity cost of time.
D. None of the above is correct.
2. Occupational segregation is more likely to explain the:
A. racial wage gaps than the gender wage gap.
B. gender wage gap than racial wage gaps.
C. Neither of the above is correct.
3. Employer discrimination imposes costs on:
A. the group that is the target of the discrimination.
B. employers that hire the discriminated against group.
C. Both of the above are correct.
D. None of the above is correct.