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The figure given below shows the income-leisure trade off of an individual.Figure 16.5
AB and AC: Income constraints of the individual
I1, I2, and I3 curves show the income leisure choices of the individual.
-If employers have imperfect information about job applicants, it may be rational for them to use:
Diversity
The inclusion and representation of different racial, ethnic, gender, sexual orientation, socio-economic, and cultural backgrounds in a group or organization.
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