Even if employers are not prejudiced, employee or customer discrimination will tend to be reinforced by market forces and may lead to permanent wage differences between the favored and unfavored groups
a. True
b. False
A
Economics
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How is foreign direct investment different from other types of international financial flows?
What will be an ideal response?
Economics
If firms pay efficiency wages, they pay wages that
A) are mandated by the government. B) will eventually lower the unemployment rate. C) motivate workers to increase their productivity. D) are lower than average to ensure maximum profit.
Economics
In long-run equilibrium, a firm in perfect competition has no economic profit.
Answer the following statement true (T) or false (F)
Economics
Figure 4-20
Refer to . The price that sellers receive after the tax is imposed is
a.
$8.
b.
$6.
c.
$5.
d.
$3.
Economics