A Study by Google of the "Habits of Highly Effective

question 230

Multiple Choice

A study by Google of the "Habits of Highly Effective Google Managers" found that the top-ranked managers were

• A)strongest on technical skills,but also paid attention to human relations problems.
• B)even-tempered bosses who made time for one-on-one meetings,and who helped subordinates work through problems.
• C)strong on conceptual skills and were able to envision the activities that needed to be carried out for Google to be successful.
• D)strong on human relations skills,but did not spend an excessive amount of time dealing with subordinates.
• E)strong on decision-making and time management skills.

Identify scenarios where discrimination might persist despite competitive market pressures.

Understand how consumer preferences can influence market outcomes related to discrimination.

Analyze the role of human capital in explaining wage differences.

Recognize the difference between labor-market discrimination and pre-labor market discrimination.

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Definitions:

Total Revenue

The total income received by a firm from selling its goods or services before any costs or expenses are deducted.

Marginal Product

The rise in production resulting from the use of one more unit of input.

Value of the Marginal Product

The extra income produced from the use of an additional unit of input, like capital or labor.

Marginal Product (MP)

The extra output generated from increasing the quantity of a particular input by one, while keeping other inputs unchanged.