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If a Manager Assumes That People from a Particular Race

question 30

Multiple Choice

If a manager assumes that people from a particular race or belonging to a certain religion are less reliable than others and consequently denies them employment, it can be construed as ________.


Definitions:

Marginal Revenue Product

The additional revenue a firm earns by employing one more unit of input, such as labor or capital.

Variable Input

An input in the production process that can be varied in the short term to adjust output, such as labor or raw materials.

Profit-maximizing

The process or strategy by which a firm determines the price and output level that returns the greatest profit.

Output

The total amount of goods or services produced by a firm, industry, or economy in a given period.

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