A Justifiable Reason for Discrimination Based on Business Necessity Is

question 36

Multiple Choice

A justifiable reason for discrimination based on business necessity is known as

• A) reasonable accommodation.
• B) permissible discrimination.
• C) a business necessity requirement.
• D) reverse discrimination.
• E) a bona fide occupational requirement.

Understand the relationship between economies of scale and natural monopolies.

Analyze the significance of patents and government franchises in maintaining monopolies.

Distinguish between the profit-maximizing strategies of monopolies and competitive firms.

Comprehend the concept of economic profit and how it differs for monopolies compared to competitive industries.

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Definitions:

After-Tax Lease Payments

The lease payments adjusted for tax effects, reflecting the actual cost of leasing after considering tax savings.

NAL

Net Advantage to Leasing, a financial calculation to determine whether leasing an asset is more cost-effective than purchasing it.

International Accounting Standards

A set of accounting guidelines that dictate how financial transactions and statements should be recorded and reported across different countries.

IAS 17

An international accounting standard that provides guidance on the accounting and financial reporting of leases.