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A store owner charges Black customers more than Hispanic customers for the very same merchandise.The owner is most clearly engaging in
Employment
The condition of having paid work or the number of people employed in an economy or specific sector.
Wage
The fixed regular payment, typically calculated on an hourly, daily, or piecework basis, made by an employer to an employee for their labor or services.
Deadweight Loss
A cost to society created by market inefficiency, which occurs when supply and demand are out of equilibrium.
Excise Tax
A tax imposed on specific goods, such as tobacco and alcohol, typically to discourage their consumption or generate revenue.
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