Use the Following to Answer Question(s): Discrimination

question 97

Multiple Choice

Use the following to answer question(s) : Discrimination

-To the extent that labor market discrimination exists in a country:

• A) the country will not be allocating resources efficiently.
• B) the country will be operating on its production possibilities curve.
• C) the country will be operating beyond its production possibilities curve.
• D) None of the above are true.

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Definitions:

Entrepreneur

An individual who creates, organizes, and manages a business venture, taking on financial risk in the hope of profit.

Franchise

A business model that allows individuals or entities to operate a store or outlet using the branding and operational model of an established company.

Business Owner

An individual who owns and oversees the operation of a small business or enterprise.

Original Owner's

Pertains to the initial proprietor or founder of a business or asset.