Use the Figure Below to Answer the Following Questions

question 78

Multiple Choice

Use the figure below to answer the following questions. Figure 18.3.6
-Refer to Figure 18.3.6.If this is the market for a group of workers who are discriminated against by customers and point A represents the equilibrium without discrimination,which point represents the equilibrium for the workers who are discriminated against?

• A)D
• B)B
• C)I
• D)C

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Definitions:

Private Cost

The direct cost that producers or consumers incur through their actions, not including externalities.

Private Value

Refers to the value that an individual or a private entity assigns to a good or service, based on personal assessment rather than market perception.

Economists

Experts in economics who study, develop, and apply theories and concepts about how economies work and distribute resources.

Polluting

The act of discharging harmful substances into the environment, negatively affecting air, water, and soil quality.