The DuPont Corporation Offers a Course for Managers That Teaches

question 190

Multiple Choice

The DuPont Corporation offers a course for managers that teaches them to acknowledge the individuality of each person they employ.This is an example of

• A) employment equity.
• B) affirmative action.
• C) workforce diversity.
• D) bona fide occupational requirement.
• E) sensitivity training.

Explain the concept of opportunity cost in the context of budget constraints and consumer choice.

Understand the relationship between budget constraints and the consumer's choice set.

Apply mathematical equations to represent budget constraints and solve for optimal consumer choices.

Recognize the effect of market dynamics such as price changes or income fluctuations on household budget constraints and choices.