Which of the Following Is Not a Reason That Preferential

question 64

Multiple Choice

Which of the following is not a reason that preferential selection policies have negative effects?

• A) People perceive focus on group membership in the decision process as unjust.
• B) The beneficiaries of the policies do not attribute their success on the job to their own skill and performance.
• C) Preferential selection leads beneficiaries of it to feel stigmatized at work.
• D) Preferential selection increases diversity in the workforce.

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Definitions:

Competitive Market

A market structure where many buyers and sellers exchange homogeneous products and no single participant has the power to significantly influence the price of the product.

Economic Profits

The difference between the total revenue earned by a business and the total costs (both explicit and implicit) of all inputs used, representing the additional gain over and above the opportunity costs.

Accounting Profits

The difference between total revenue and explicit costs; essentially the bottom line of a company's income statement.

Perfectly Competitive

A market structure characterized by a large number of small firms, homogenous products, and free entry and exit, where no single firm has market power.