Use the Following to Answer Questions

question 237

Multiple Choice

Use the following to answer questions:
Figure: Market Equilibrium
-(Figure: Market Equilibrium) According to the figure, the equilibrium price and quantity are:

• A) $1 and 4 units.
• B) $4 and 8 units.
• C) $2 and 4 units.
• D) $3 and 6 units.

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Definitions:

Executive Order 11478

Issued by President Nixon in 1969, it mandates equal opportunity in hiring and employment practices for federal employees, regardless of race, color, religion, sex, or national origin.

Affirmative Action

Policies or actions designed to address past discrimination and increase opportunities for historically marginalized groups.

Business Necessity

A legally established reason that allows employers to make decisions that might otherwise be considered discriminatory, such as in hiring or work assignments, if essential for the operation of the business.

Lilly Ledbetter Fair Pay Act

A U.S. law that reinforces workers' rights to fair pay, particularly addressing gender-based pay disparities.