Executive Orders 11246, 11375, and 11478 Require Federal Contractors to Take

question 79

True/False

Executive Orders 11246, 11375, and 11478 require federal contractors to take affirmative action to compensate for historical discrimination against women, minorities, and individuals who have a disability.

---

Definitions:

English Auction

A common auction format where the price starts low and is bid upward, with the highest bid at the end of the auction winning.

Willingness To Pay

The maximum amount an individual is prepared to spend for a good or service, reflecting their valuation of it.

Expected Revenue

The anticipated amount of money a business expects to receive from the sale of goods or services, often calculated based on historical data and future projections.

Probability

A valuation in the form of a number between 0 and 1 that assesses the possibility of an event's occurrence.