Why Can Some Discriminatory Hiring Practices Be Expected,even If Markets

question 56

Multiple Choice

Why can some discriminatory hiring practices be expected,even if markets are competitive

• A)unrestricted entry and exit in markets
• B)lower costs of hiring
• C)a perfectly elastic market demand
• D)customer preferences

---

Definitions:

Consumer Protection Act

Legislation designed to safeguard the rights of consumers by ensuring fair trade, accurate information and preventing fraud.

Competitive Markets

A market structure characterized by a large number of buyers and sellers, where no single entity can dictate prices or market conditions.

Informed Consumer Choice

The ability of a consumer to make a decision based on full information about product benefits, risks, and alternatives.

Contract of Purchase

A legally binding agreement between parties for the sale and purchase of goods, services, or property.