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Borderline Cafeterias,Inc.,has discovered that most of its wait staff is white,while most of its kitchen staff is minority.When interviewed by the local TV news anchor,the CEO of Borderline Cafeterias says,"There has been no conscious or deliberate practice to staff the cafeterias in a discriminatory manner.It just happened to turn out this way." The CEO's argument is an example of
Profit-maximizing Monopolist
A monopolist that determines the quantity of output that maximizes its profits, considering its total revenue and total cost.
Level of Output
The total amount of goods or services produced in an economy over a certain period of time.
Government
The organization, machinery, or agency through which a political unit exercises authority and performs functions and which is usually classified according to the distribution of power within it.
Monopoly
A market structure characterized by a single seller selling a unique product in the market, leading to limited competition.
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