Which Defense Requires Showing That There Is an Overriding Company-Related

question 8

Multiple Choice

Which defense requires showing that there is an overriding company-related purpose for a discriminatory practice and that the practice is therefore acceptable?

• A)prima facie
• B)business necessity
• C)adverse impact
• D)mixed motive

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Definitions:

Monopolistically Competitive

A monopolistically competitive market structure is characterized by many firms offering differentiated products or services, allowing for some degree of market power and pricing over their unique products.

Demand Schedule

A table or graph showing the quantity of a good or service that consumers are willing and able to purchase at various price points, illustrating the relationship between price and demand.

Economic Profit

A measure of profitability calculated by subtracting both explicit and implicit costs from total revenues, indicating the financial success beyond recovering invested costs.

Maximum

The highest attainable level or value in a given set of data or a particular function.