The Age Discrimination in Employment Act Requires Passive Nondiscrimination

question 23

Multiple Choice

The Age Discrimination in Employment Act requires passive nondiscrimination.How do employers practice passive nondiscrimination?

• A) By seeking employees who are protected by the act
• B) By seeking minorities who are protected by the act
• C) By providing special treatment to women and minorities
• D) By treating all who apply fairly
• E) By increasing salaries for workers covered by the Act

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Definitions:

Economies Of Scale

Cost advantages reaped by companies when production becomes efficient, as the scale of operation increases leading to a reduction in average costs.

Long-Run Average Cost

The average cost per unit of output when all inputs, including capital, are variable and optimized.

Marginal Revenue

The increase in revenue resulting from the sale of one additional unit of product.

Demand Schedule

A table that shows the quantity of a good or service demanded at different prices.