Discrimination by Customers

question 75

Multiple Choice

Discrimination by customers:

• A) means that there will not be wage differences by race.
• B) becomes more common with economic growth.
• C) means that some customers might not want to do business with firms that hire certain workers.
• D) increases with falling costs of production.

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Definitions:

Percentile

A statistical measure indicating the value below which a given percentage of observations in a group falls, often used to compare scores across a population.

Mode

The value that appears most frequently in a data set, representing the most common or popular observation.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how much the values in the set differ from the mean.

Correlation Coefficient

A statistical measure that indicates the extent to which two variables fluctuate together.