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Which of the Following Is a Potentially Illegal Question from an Employer

question 74

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Which of the following is a potentially illegal question from an employer?


Definitions:

Price

The amount of money required to purchase a product or service, set by the interaction of supply and demand.

Perfectly Elastic

A market situation where a small change in price leads to an infinite change in the quantity demanded or supplied.

Supply Curve

A graph depicting the relationship between the price of a good and the quantity of the good that suppliers are willing and able to sell, typically upward sloping.

Price Elasticity

A measure indicating the degree to which product demand is affected by price shifts.

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