An Employer That Practices an Arbitrary Preference for Some Group,e

question 134

Multiple Choice

An employer that practices an arbitrary preference for some group,e.g. ,male workers or white workers,pays for his prejudice by

• A) charging a higher price.
• B) producing less.
• C) receiving a lower profit.
• D) cutting costs in other areas.
• E) doing nothing;there is no cost to his discrimination.

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Definitions:

Transportation and Communication

Refers to the systems and methods used to move people and information from one place to another, including roads, railroads, air travel, emails, and telephones.

Overland Transportation

Transport of people and goods by land, including via railroads, trucks, or carriages, often used for shorter distances compared to maritime or air shipping.

Market Revolution

A transformative period that reshaped the U.S. economy through advancements in technology, transportation, and communication, linking regional markets into a national economy.

Steamboat

A boat that is propelled by a steam engine, playing a crucial role in the 19th-century development of river and coastal transport.