A Job Analysis Results in Two Written Statements

question 19

Multiple Choice

A job analysis results in two written statements. They are

• A) the human resource inventories and the affirmative action statement.
• B) the labor supply assessment and the labor demand assessment.
• C) the job description and the job specification.
• D) the job title review and the performance appraisal.

Analyze third-degree price discrimination strategies and their effects on consumer surplus.

Calculate and interpret the ratio of price elasticities of demand in different markets under price discrimination.

Determine the conditions under which profits are maximized through price discrimination.

Understand the role of marginal cost in the pricing and output decisions of firms practicing price discrimination.

---

Definitions:

Income

Money received, especially on a regular basis, for work or through investments.

Net Taxes

The total taxes paid to the government minus any government transfers or subsidies received.

Taxes

Compulsory financial charges imposed by a government on its citizens to fund public expenditures.

Transfer Payments

Transactions where no goods or services are received in return, such as government benefits, grants, or subsidies.