In EEOC VDial Corp

question 33

Multiple Choice

In EEOC v.Dial Corp. after the Work Tolerance Screen (WTS) was adopted:

• A) the percentage of new female hires declined.
• B) ​the percentage of new female hires significantly increased.
• C) ​the percentage of new hires from minority groups declined.
• D) ​the percentage of new male hires significantly declined.

Identify the impact of factor prices on the market supply curve in the long term.

Understand the concept of a constant cost industry and its characteristics.

Explain the effects of short-run profit on market dynamics and long-run equilibrium in price-taker industries.

Analyze the impact of changes in demand and supply on market prices and output in the short and long run.

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Definitions:

Random Assignment

A method used in experiments to ensure that every participant has an equal chance of being placed in any given group, eliminating biases.

Experimental Conditions

Specific arrangements or settings made to test hypotheses in a controlled manner during scientific experiments.

Equal Chance

The principle or condition of having the same opportunities or possibilities as others, without discrimination or bias.

Experimental Research

A research methodology that involves manipulating one or more variables to determine their effect on a certain outcome, allowing for cause-and-effect inferences.