A Field Experiment on Labor Market Discrimination (Box 8

question 1

Multiple Choice

A field experiment on labor market discrimination (Box 8.1) showed that white applicants with a high-quality resume were more likely to be called back for an interview than whites with a low-quality resume but that quality of resume made no difference in whether African-American applicants were called back for interviews. This outcome indicates

• A) a main effect for race only.
• B) a main effect for quality of resume only.
• C) main effects for both race and quality of resume.
• D) an interaction between race and quality of resume.

---

Definitions:

Process Cost Systems

An accounting method used to track production costs for continuous processes or where identical units are mass produced.

Job Order Cost

The total cost attributed to a specific job or project, including materials, labor, and overhead, used for costing in manufacturing upon receiving a specific order.

Manufacturing Cost Elements

The three primary costs involved in producing goods: direct materials, direct labor, and manufacturing overhead.

JIT Processing

Just-In-Time (JIT) processing is a management strategy that aligns raw-material orders from suppliers directly with production schedules to reduce inventory costs.