When discrimination occurs as a result of prejudice,firms do not maximize profits.

Question

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Discrimination can prevent firms from hiring the most qualified individuals or serving a diverse customer base, leading to reduced productivity, higher turnover rates, and missed opportunities for profit. Additionally, discrimination can damage a firm's reputation and lead to loss of business. Therefore, discrimination can negatively impact a firm's ability to maximize profits.

When Discrimination Occurs as a Result of Prejudice,firms Do Not