According to Gary Becker's theory on economic discrimination, employers who successfully discriminate in their hiring practices will
A) earn less profits because they must pay more for labor.
B) earn more profits because the pool of potential workers would expand.
C) earn more profits because discrimination results in lower labor costs.
D) have no effect on a firm's ability to earn profits.
Correct Answer:
Verified
Q357: The elasticity of demand for labor in
Q358: Which of these is MOST likely to
Q359: As more hotels introduce online check-in using
Q360: Suppose that the government eases restrictions on
Q361: What would happen to wages and labor
Q363: In a segmented labor market as shown
Q364: Which of these factors leading to different
Q365: Which example would BEST represent job crowding
Q366: According to Becker's theory of economic discrimination,
Q367: When labor markets are segmented, what is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents