Which of the following statements about employer prejudice is true?
a. employer prejudi...
Which of the following statements about employer prejudice is true?
a. employer prejudice occurs only in low-paying jobs.
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 a monopolist to increase his profits by satisfying his managers personal prejudices.
d. 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.
e. legislation has ended employer prejudice in the united states.
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Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)
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Apopular low-cost airline, parson corp., has gone out of business. although the service and price provided by the airline was what customers wanted, the larger airlines were able to drive the low-cost airline out of business through an aggressive price war. which component of the competitive environment does this illustrate?
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