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Assume Xs Earn $5 Less Per Hour Than Ys and a Firm

question 159

Multiple Choice

Assume Xs earn $5 less per hour than Ys and a firm employs 200 workers. There are 8 working hours in the day, 5 working days a week, and 50 working weeks a year. If the firm discriminates and hires only Ys, how much profit will it lose in a year? (Assume Xs have the same work skills as Ys.)


Definitions:

Communicating

The act or process of sharing or exchanging information, ideas, or feelings through verbal or non-verbal means.

Ideal Self

An individual's conception of themselves in terms of attributes and qualities they aspire to possess.

Real Self

The way you really are when nobody is around to approve or disapprove.

Self-Image

One's perception or mental image of oneself, which can influence confidence, behavior, and social interactions.

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