Which of the Following Statements Is Not Correct

question 21

Multiple Choice

Which of the following statements is not correct?

• A)If a firm discriminates by paying short workers less than tall workers, the firm may be able to compete in the market if the firm's customers also prefer taller workers to shorter workers.
• B)If the government passes regulations that prevent shorter workers from working in higher paying jobs, taller workers may continue to earn higher wages than shorter workers.
• C)Government regulation that prohibits discrimination is economically necessary because market forces support discrimination.
• D)Competitive markets will eliminate discrimination in wages over time unless customer preferences also reflect discrimination and/or government intervention promotes discrimination.

Define and calculate producer surplus, including understanding its components and calculations in various scenarios.

Analyze the impact of market price changes on producer surplus and market entry.

Comprehend the role of supply curve in determining costs and producer surplus.

Measure the efficiency and equality implications of market equilibriums and policies.

---

Definitions:

Low-Frequency

Refers to waves, sounds, or signals with a relatively low rate of oscillation or number of cycles per second.

Lateral Ventricle

One of the two large, C-shaped ventricles located in the cerebral hemispheres, involved in the production and circulation of cerebrospinal fluid.

Fourth Ventricle

A passageway within the brain that lies between the cerebellum and the pons/medulla, allowing cerebrospinal fluid to circulate between the brain's cavities and the spinal canal.

Third Ventricle

A narrow cavity in the brain located in the midline between the two halves of the thalamus.