The Rate at Which Someone Can Swap Money for a Good

question 29

Multiple Choice

The rate at which someone can swap money for a good is called the _____ of the good.

• A) Price
• B) Opportunity cost
• C) Total cost
• D) Rate of substitution

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Definitions:

Affirmative action

A policy in which an individual's color, race, sex, religion, or national origin are taken into account to increase opportunities provided to an underrepresented part of society.

Sexual harassment

Unwelcome sexual advances, requests for sexual favors, and other verbal or physical harassment of a sexual nature that affects an individual's employment, interferes with work performance, or creates a hostile work environment.

Disparate impact

A theory in anti-discrimination law that occurs when policies, practices, rules, or other systems that appear to be neutral result in a disproportionate impact on protected groups.

Disparate treatment

A legal doctrine under U.S. employment law that refers to intentional discrimination against individuals on the basis of race, color, religion, sex, or national origin.