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Business
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| Number of pages / Number of words: |
3 / 777 |
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These advances have reduced the time women spend on chores such as cooking and cleaning, releasing time for more work in the paid market.
Women’s supply rates are more elastic in the market than men’s, meaning that they respond to changes in the market wage more than men do. When women’s wages are raised they will adjust by working more hours, whereas men may not respond as drastically as women...
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When women’s wages are raised they will adjust by working more hours, whereas men may not respond as drastically as women. People are more affected by the change in wages when they are at the margin. Women who are not already in the labor force will join the workforce with an increase in the wage rate, while women who are already in the workforce may not work additional hours with a wage change...
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General points of the essay
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