From a Purely Economic Point of View, Discrimination Exists When

question 5

Multiple Choice

From a purely economic point of view, discrimination exists when

• A)black teenagers earn more than white teenagers.
• B)all factors are earning average products.
• C)women earn less than men.
• D)equivalent factors earn different payments for equal contributions to output.

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Definitions:

Share Capital

The total value of a company's shares of stock that have been authorized, issued, and purchased by investors.

Financial Statements

Formal records that outline the financial activities and conditions of a business, entity, or individual, including the balance sheet, income statement, and cash flow statement.

Retained Earnings

Funds that are not distributed as dividends but are reserved by the company to reinvest in its business, pay off debt, or save for future use.