The Occupational Distribution of Hispanic Males in the U

question 33

Multiple Choice

The occupational distribution of Hispanic males in the U.S. in 2008 revealed over-representation in which types of occupations?

• A)Management and professional
• B)Production and transportation
• C)Natural resources, construction, and maintenance
• D)Service occupations

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Definitions:

Price Discriminate

The practice of selling the same product to different consumers at different prices based on their willingness to pay.

Cost-Justified

A determination that an expense, investment, or action is deemed reasonable or worthwhile based on its cost.

Robinson-Patman Act

is a United States federal law that prohibits anticompetitive practices by producers, specifically price discrimination.

Consumer Surplus

The difference between the total amount that consumers are willing and able to pay for a good or service and the total amount they actually do pay.