When Firms Focus on Profit Maximization, Which Form of Wage

question 239

Multiple Choice

When firms focus on profit maximization, which form of wage discrimination is least likely to occur?

• A)discrimination based on race
• B)discrimination in sports
• C)consumer discrimination
• D)discrimination based on educational attainment

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Definitions:

Culture Wars

Conflicts between groups with differing beliefs, values, and practices, typically relating to morality, religion, and societal norms.

Core Values

Fundamental beliefs or guiding principles that dictate behavior and action, helping an individual or organization determine what is right from wrong.

Social Commentators

Individuals who offer insight, opinions or commentary on social trends, behaviors, and events.

Ethnocentrism

The tendency to evaluate other cultures according to the standards and customs of one's own culture, often leading to prejudice against other cultures.