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_____ first commercialize innovative new products and processes,and help provide much of the dynamism in an economy.
Pay Discrimination
The unequal treatment of employees, where individuals performing the same work are paid differently based on gender, race, age, or other non-job-related factors.
Job Discrimination
What occurs when someone is denied a job or work assignment, or treated differently from other employees, for reasons that are not job relevant. Laws in Canada protect workers from discrimination on the grounds of race, national or ethnic origin, colour, religion, sex, age, mental or physical disability, pregnancy, marital status, and gender identity.
Consumer Surplus
The disparity between what consumers are prepared and capable of paying for a product or service and the actual amount they end up paying.
Producer Surplus
The difference between the amount producers are willing to accept for a good or service and what they actually receive, due to market prices.
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