Discrimination by a Manager in the Hiring Process

question 72

Multiple Choice

Discrimination by a manager in the hiring process

• A)decreases the firm's costs.
• B)increases the firm's costs.
• C)is evident if a white manager refuses to hire a certain black applicant.
• D)is evident if a male manager fails to hire a certain female applicant.

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Definitions:

Equilibrium Quantity

The quantity of goods or services supplied equals the quantity demanded at the market equilibrium price.

Supply Curve

A graphical representation showing the relationship between the price of a good or service and the amount of it that producers are willing and able to supply at various prices.

Increase In Supply

A situation where the quantity of a good that producers are willing and able to sell at a particular price rises.

Quantity Supplied

In economics, refers to the total amount of goods or services that producers are willing and able to sell at a given price within a specific time period.