Age Discrimination in Employment Act Makes It Illegal to Discriminate

question 94

Multiple Choice

Age Discrimination in Employment Act makes it illegal to discriminate against people who are older than _____ years of age.

• A)40
• B)25
• C)18
• D)65

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Definitions:

Total Costs

The complete cost of production of goods or services, which includes both fixed and variable costs.

Revenues

The total income generated by a company from its business activities, typically from the sale of goods and services before any expenses are deducted.

Total Variable Cost

The total variable cost is the sum of all variable expenses that change in proportion to the volume of output or production.

Profit

The financial gain obtained when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes.