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Luke owns a lifeguard consulting company,supplying lifeguarding services to public and private schools in Kelowna.Luke has been charged with sexual harassment by one of his employees.The employee alleges that she and the other women lifeguards were forced to wear company bikinis while performing their lifeguarding duties.Those who refused would be given last choice on shifts (which,practically speaking,meant that they would be getting no shifts).The complainant protested to Luke but eventually gave in since it was too late in the summer to find another job.Additionally,the employee claims that,ever since the female staff was forced to wear the bikinis,Luke drops in constantly for site visits.His visits with females are more frequent and longer lasting.In fact,it is alleged that these visits have earned him the nickname of Lurking Luke.Several female employees have expressed that they find his behaviour unwelcome.Luke knows about his nickname but stands behind his policy.According to Luke business has increased and,as a result,there has been more to "supervise" at each visit.Explain the concept of sexual harassment and apply it to the situation at hand.
Economic Profits
The difference between a firm's total revenues and its total costs, including both explicit and implicit costs, representing the excess earnings over the next best alternative.
Monopolistic Competition
A trading structure inhabited by many corporations pushing products that are analogous but not carbon copies, which affords them a degree of control over the market.
Differentiated Products
Goods that are fundamentally similar but are distinguished from each other by characteristics like quality, branding, and features.
Perfect Competition
A market structure characterized by many sellers and buyers, homogeneous products, and the absence of barriers to entry or exit.
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