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Cindy and Alex Execute the Same Roles and Responsibilities at Their

question 26

Multiple Choice

Cindy and Alex execute the same roles and responsibilities at their organization.However,Alex earns more than Cindy.Under the laws governing equal employment opportunity,which of the following will justify the organization's decision to pay Alex more than Cindy?


Definitions:

Cartel

An association of manufacturers or suppliers with the purpose of maintaining high prices and restricting competition.

Differentiated Product

A product that is distinguished from similar products offered by competitors because of unique characteristics or features.

Homogeneous Product

A product that is identical or almost identical in features, functions, and quality across different suppliers.

Equilibrium Price

The price at which the quantity of a product offered for sale matches the quantity that consumers are willing to buy, without any leftover surplus or shortage.

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