A Recent Study of Employers and Applicants Discovered That

question 36

Multiple Choice

A recent study of employers and applicants discovered that

• A)27 percent thought it was acceptable to ask questions about family background.
• B)30 percent thought it was acceptable to ask about the candidate's spouse.
• C)45 percent thought it was acceptable to ask about the applicant's personal life.
• D)all of the above

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Definitions:

Equilibrium Price

The equilibrium price where the supply of goods meets consumer demand.

Horizontal Supply Curve

Represents a market situation where the supply of a good is perfectly elastic, indicating the supplier is willing to sell any quantity at a fixed price.

Linear

A straight-line relation in mathematics that expresses a constant rate of increase or decrease between variables.

Deadweight Loss

A loss in economic efficiency that can occur when equilibrium for a good or a service is not achieved or is not achievable.