In the Presence of Discrimination by Customers

question 185

Multiple Choice

In the presence of discrimination by customers,

• A)market forces nevertheless always work to prevent discriminatory wage differentials.
• B)discriminatory wage differentials can exist, but only if firms refrain from maximizing their profits.
• C)discriminatory wage differentials can exist, but only if government reinforces customers' practices by passing laws that mandate discrimination.
• D)discriminatory wage differentials can exist, even in the absence of discriminatory practices by firms or by government.

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Definitions:

Ionic Compound

A chemical compound composed of ions held together by electrostatic forces termed ionic bonding, typically formed between metal and non-metal ions.

Ionic Charges

The electrical charge that an atom acquires when it gains or loses electrons in the formation of an ionic compound.

Cation

A cation is a positively charged ion that results from the loss of one or more electrons by an atom.

Anion

A negatively charged ion, attracted to the anode during electrolysis, typically formed by the gain of electrons.