Many Economists Argue That the Best Way to Correct Employer

question 44

Multiple Choice

Many economists argue that the best way to correct employer discrimination is to

• A)pass comparable worth laws
• B)increase the price of output,thereby raising profit
• C)shift the marginal revenue product curve of the unfavored group to the right
• D)shift the demand for labor to the left
• E)allow the market mechanism to equalize wages

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Definitions:

ADR Systems

Alternative Dispute Resolution Systems, methods used to settle disputes outside of court, such as arbitration, mediation, and negotiation.

Mediator Behaviors

The actions and strategies employed by a neutral third party to facilitate conflict resolution and agreement between disputing parties.

Mediation Success

The achievement of resolving a dispute or conflict through the intervention of a third party, leading to a mutually acceptable agreement.

Conflict Costs

The expenses, both tangible and intangible, that arise from disputes and disagreements.