This question regards Graddy (1994). a- Considering Table 2, column 1, suppose that Graddy had found that the coefficient on Asian was –0.1125 and the coefficient on Black was 0.0414 but that all other results in the paper remained the same. What would she find to be the estimated higher percent price that Asians paid relative to Whites? What about for Asians relative to Blacks? b- What do you see as the single most likely reason that the fish vendor charges different prices for whiting to different racial groups? Please explain.
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