The figure given below shows the income-leisure trade off of an individual.Figure 16.5
AB and AC: Income constraints of the individual
I1, I2, and I3 curves show the income leisure choices of the individual.
-Which of the following statements about employer prejudice is true?
A) It would be impossible for employer prejudice to exist in a firm that sells its output in a competitive market unless all rivals also discriminate.
B) Economic theory tells us that it would be impossible for employer prejudice to exist in a firm that is a monopoly.
C) Employer prejudice will help a monopolist to increase his profits by satisfying his managers personal prejudices.
D) Legislation has ended employer prejudice in the United States.
E) Employer prejudice occurs only in low-paying jobs.
Correct Answer:
Verified
Q73: The figure given below shows the income-leisure
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Q77: The figure given below shows the income-leisure
Q79: The figure given below shows the income-leisure
Q80: The following figures show the demand (D)
Q81: The following figures show the demand (D)
Q82: The following figures show the demand (D)
Q83: The following figures show the demand (D)
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