In the Context of American Culture, Which of the Following

question 67

Multiple Choice

In the context of American culture, which of the following will be a benefit of eliminating negative age bias in hiring?

• A) Companies will get a broader applicant pool.
• B) Only talented individuals will apply for jobs.
• C) Companies will need to interview less number of applicants.
• D) More recent graduates will apply for jobs.

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Definitions:

Marginal Cost

The incremental cost of producing an additional unit of a good or service.

Marginal Revenue

The additional revenue gained from selling one more unit of a product or service.

Downward-Sloping Demand

Describes a market phenomenon where a product's demand decreases as its price increases, according to the law of demand.

Price

The expenditure involved in buying a good or service.