Criteria Used to Make Employment Decisions That Have a Disparate

question 18

True/False

Criteria used to make employment decisions that have a disparate impact on women, such as height requirements, must be job-related.

---

Definitions:

Opportunity Cost

Opportunity cost represents the benefits an individual, investor, or business misses out on when choosing one alternative over another.

Marginal Product

The additional output resulting from using one more unit of a particular input, holding other inputs constant.

Value of the Marginal Product

The additional revenue generated by employing one more unit of a factor, such as labor or capital.

Profit-Maximizing

A strategy or process by which a business seeks to generate the highest possible profit from its operations.