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In a recent hiring period, XYZ Corporation hired 23% of the males who applied and 11% of the females. A lawsuit was contemplated because these numbers seemed to indicate that there was gender discrimination. On closer examination, it was found that XYZ was hiring for only two of its divisions: engineering and secretarial. Applicants applying by gender per department are given in the following table: For the engineering division, what percentage of female applicants were hired?
Elasticity Of Supply
A measure of how much the quantity supplied of a good changes in response to a change in price.
Shifting Resources
The process of reallocating resources from one use to another, often in response to changes in market conditions or economic priorities.
Production Process
The series of steps and operations involved in the manufacturing of a product or the delivery of a service.
Price Inelastic
Describes a situation in which the demand for a good or service changes little with a change in price.
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