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In the Cobb-Douglas production function
,defining y = Y/L as output per person and k = K/L as capital per person,the per person production function is:
Prejudice
A preconceived opinion or judgement made without adequate knowledge or examination of the facts.
Discrimination
Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.
Attitude
A psychological tendency expressed by evaluating a particular entity with some degree of favor or disfavor, which influences individuals' behavior and perceptions.
Cognition
The mental processes that are involved in acquiring, storing, retrieving, and using information and that include sensation, perception, imagery, concept formation, reasoning, decision making, problem solving, and language.
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