The Following Statements Describe the Adverse Effects Suffered by Groups

question 2

Multiple Choice

The following statements describe the adverse effects suffered by groups subject to labour- market discrimination. Which of the statements is false?

• A) The discriminatory wage differentials will persist as long as the discrimination exists.
• B) They will receive lower wages on average than other groups.
• C) Their children's ability and willingness to invest in human capital will be less on average than those of children of other groups.
• D) They will be more likely to experience spells of unemployment.
• E) Their human capital will increase.

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Definitions:

Target Return

A pricing strategy where the price is set based on a targeted return on investment for a product or project.

Bundle Pricing

A pricing strategy where multiple products or services are sold together at a single price, often at a discount compared to purchasing each item separately.

Standard Markup

The typical percentage added to the cost price of goods to determine the selling price.

Penetration

The process of entering or making an entrance into a market with the aim to establish a significant foothold or presence.