Which of the Following Is Least Likely to Be the Reason

question 38

Multiple Choice

Which of the following is least likely to be the reason women are underrepresented in the economics profession?

• A)labor market discrimination
• B)the choice of women to select other occupations
• C)cultural bias in primary and secondary education
• D)the inability of women to solve problems in economics

Recognize the provisions regarding the inspection rights of buyers and lessees.

Define usage of trade, course of dealing, and course of performance and their relevance under the UCC.

Compare the application of the perfect tender rule under the UCC to the common law standards of performance.

Understand the principles and rules under the Uniform Commercial Code (UCC) regarding tender of delivery, and the obligations of sellers/lessors and buyers/lessees in transactions.

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Definitions:

Labor-Productivity

The measure of the amount of goods and services produced by one hour of labor.

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than others, leading to more efficient international trade.

Comparative Advantage

The ability of an individual, company, or country to produce a particular good or service at a lower opportunity cost than competitors, leading to more efficient international trade.

Comparative Advantage

A principle in international trade that suggests a country should export goods in which it is more efficient and import those in which it is less efficient, compared to other countries.