Vincenzo Is a Pilot for Wayfarer Airlines

question 9

Multiple Choice

Vincenzo is a pilot for Wayfarer Airlines.Wayfarer's policy is to restrict Vincenzo and its other pilots from flight responsibilities after a certain age.This is most likely

• A)a legitimate bona fide occupational qualification.
• B)discrimination on the basis of age.
• C)association discrimination.
• D)discrimination on the basis of disability.

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Definitions:

Surplus

An excess of income or assets over expenditure or liabilities in a given period, typically a fiscal year, leading to available resources beyond what is required.

Supply Schedule

A table that shows the quantity of a good or service that producers are willing to supply at various prices.

Equilibrium Price

The price level at which the supply of goods matches the demand for goods.

Equilibrium Price

The price point at which the quantity of goods supplied equals the quantity demanded, resulting in market stability.