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Caroline has been working for Segal Paper Co. for five years, when she undergoes a profound religious conversion experience. Prior to that experience, she had not been a member of any religion. Her new found religion requires that she not work in close proximity to unmarried males. She works on an assembly line, where many positions are occupied by men. Must her employer accommodate this after-acquired religious restriction?
Quantity Demanded
The amount of a good or service that consumers are willing and able to purchase at a given price.
Price Ceiling
A legal limit on how high the price of a product can be charged in the market.
Consumer Surplus
The difference between the total amount that consumers are willing and able to pay for a good or service and the actual amount they do pay.
Producer Surplus
The difference between the amount producers are willing to sell a good for and the actual amount they receive by selling it at the market price.
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