The Figure Given Below Shows the Income-Leisure Trade Off of an Individual.Figure

question 94

Multiple Choice

The figure given below shows the income-leisure trade off of an individual.Figure 16.5
AB and AC: Income constraints of the individual
I₁, I₂, and I₃ curves show the income leisure choices of the individual.
-If employers have imperfect information about job applicants, it may be rational for them to use:

• A)employer prejudice.
• B)worker prejudice.
• C)consumer prejudice.
• D)statistical discrimination.
• E)occupational segregation.

---

Definitions:

Empowerment

The process of providing employees with the authority, resources, and confidence to take initiative and make decisions within their roles.

Job Status

The perceived importance or prestige attached to a position or employment, often influenced by factors like salary, authority, or societal value.

Rewarding Employees

The act of providing incentives or benefits to employees as a form of recognition for their hard work and contributions.

Organizational Rewards

Rewards provided by an organization to its employees or members, which may include financial compensation, benefits, recognition, and opportunities for professional development.