Examlex
________is intentional discrimination that occurs when people are purposefully not given the same hiring, promotion, or membership opportunities because of their race, sex, age, ethnic group, national origin, or religious beliefs.
Competitive Market Structures
Describes the organization and characteristics of markets, varying in the level of competition from perfect competition to monopoly.
Contestable Market Model
A theory suggesting that a market with free entry and exit can be competitive even if there are few firms, due to potential competition.
Greatest Efficiency
Greatest Efficiency is achieved when a system or process produces the maximum output with the least amount of wasted resources.
Dominant Strategy
In game theory, a strategy that is best for a player regardless of the strategies chosen by other players.
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