Which of the Following Is a True Statement

question 131

Multiple Choice

Which of the following is a true statement?

• A) Prejudice always causes discrimination.
• B) Discrimination always causes prejudice.
• C) Prejudice and discrimination do not always occur together.
• D) Prejudice and discrimination are unrelated.

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Definitions:

Purely Competitive

A market structure characterized by many small sellers offering identical products, easy entry and exit, and perfect information, leading to price-taking behavior.

Wage Rate

refers to the amount of compensation that a worker receives in exchange for their labor, usually expressed per hour or per unit of work performed.

Maximize Profits

The process of adjusting inputs and outputs to achieve the highest possible return on investment.

Marginal Revenue Product

The additional revenue a firm generates from employing one more unit of input, such as labor or capital.