When Mary, the Owner of a Large Apartment Complex, Was

question 62

Multiple Choice

When Mary, the owner of a large apartment complex, was deciding whom to rent an open apartment to, she immediately disregarded the application of 84-year-old Millie because Mary does not rent apartments to old women. Mary's treatment of Millie is best described as ______.

• A) scapegoating
• B) discrimination
• C) unintentional discrimination
• D) institutional racial discrimination

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Definitions:

Efficiency Loss

The loss of economic efficiency that can occur when equilibrium for a good or a service is not achieved or is not achievable.

Deadweight Loss

Deadweight loss is an economic inefficiency resulting from a disparity between supply and demand, often caused by market interventions like taxes or price controls, resulting in potential benefits not realized by any party.

Tax Revenue

The total amount of money collected by the government from taxes, which is then used for public expenditures.