Why Would a Wage Differential Due to Discrimination Be Unlikely

question 232

Multiple Choice

Why would a wage differential due to discrimination be unlikely to persist in a competitive labor market?

• A) There is a cost advantage for firms that do not discriminate.
• B) Workers who are victims of discrimination will eventually drop out of the labor market.
• C) Competing firms will hire fewer of the workers who are temporarily victimized by discrimination.
• D) Discrimination cannot exist in markets.

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Definitions:

Activating Events

Situations or events that trigger emotional or behavioral responses, a key concept in cognitive-behavioral therapy.

Cognitive-behavior Therapy

A form of psychological treatment that helps individuals understand the thoughts and feelings that influence behaviors, aiming to teach coping strategies for dealing with different problems.

Specialized REBT

This refers to Rational Emotive Behavior Therapy that has been adapted or specialized for specific groups or issues.

Esoteric Change

Refers to deep, often hidden or obscure transformations in personal awareness or spirituality.