Suppose the Value of Marginal Product Is $20 Per Hour

question 3

Multiple Choice

Suppose the value of marginal product is $20 per hour regardless of race.An employer who faces an hourly wage of $14 per black worker and $17 per white worker decides to hire all white workers.What kind of discrimination is this?

• A)Employee discrimination.
• B)Consumer discrimination.
• C)Employer discrimination.
• D)Statistical discrimination.
• E)None of the above.

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Definitions:

Modern Reflexivity

The capacity of modern societies to think about, analyze, and adapt their traditions and institutions in the light of new information or challenges.

Large-Scale Social Institutions

Organized, established systems in society that govern the behavior and expectations of individuals within a community.

Similar Processes

Refers to analogous methods or sequences of actions that occur in different contexts but produce comparable outcomes or effects.

Fast Food

A type of mass-produced food designed for commercial resale and with a strong priority placed on "speed of service" over other quality factors.