Gary Becker's Theory of Economic Discrimination Explains How Firms That

question 139

Multiple Choice

Gary Becker's theory of economic discrimination explains how firms that discriminate will

• A) attract the most productive workers.
• B) gain market share.
• C) have higher labor costs.
• D) have higher profits.

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Definitions:

Self-actualization

The attainment or realization of personal skills and potential, regarded as a basic impulse or demand in everyone.

Maslow

Refers to Abraham Maslow, a psychologist known for creating Maslow's hierarchy of needs, a theory in psychology about human motivational factors.

Physiological

Relating to the functions and processes of living organisms or their parts.

Wellness Program

Initiatives or programs designed to promote health and well-being among individuals, often within a workplace setting, through activities focused on mental, physical, and emotional health.