Refusing to Hire or Promote a Person in a Minority

question 58

Multiple Choice

Refusing to hire or promote a person in a minority group for reasons other than their qualifications is called:

• A) affirmative action.
• B) prejudice.
• C) discrimination.
• D) intellectual freedom.

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Definitions:

Equilibrium

a state in economics where supply equals demand, resulting in a stable market condition.

Trigger Strategy

A strategy in repeated games where a player's response is conditioned on past behavior, such as retaliating or cooperating based on the other player's previous actions.

Repeated Game

A strategic interaction that occurs multiple times, allowing players to potentially develop strategies based on past outcomes.

Price Competition

A type of competition in which companies try to attract customers by offering lower prices than their competitors.