An Interview Should Not Include a Discussion of Race or Ethnicity

question 59

Essay

An interview should not include a discussion of race or ethnicity, gender, marital status, religion, sexual orientation, or disabilities. Choose two of the following questions and explain how you would respond to them if you were asked the question in a job interview: (1) What does your spouse or partner do for a living? (2) Do you plan to have children? (3) Do you have any disabilities or pre-existing medical conditions? (4) What country is your family from? (5) Does a member of your family need special medical care or services?

Identify the conditions under which a monopolist can practice perfect price discrimination and its efficiency implications.

Understand the impact of monopoly on the socially efficient level of output and pricing.

Acknowledge the different strategies used by monopolists to maximize profits, including price setting and cost management.

Comprehend how price discrimination affects different consumer groups and its implications for market efficiency.

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Definitions:

Dependent-Samples T-Test

A statistical procedure used to compare means from the same group at two different times or under two different conditions.

Regression

A statistical method that models the relationship between a dependent variable and one or more independent variables, predicting the former based on the latter.

Analysis of Variance

A statistical method used to test differences between two or more means by analyzing variance.

Independent Samples T-Test

A statistical test used to compare the means of two independent groups in order to determine if there is a statistically significant difference between them.