What Is One of the Reasons That the Effects of Market

question 16

Multiple Choice

What is one of the reasons that the effects of market and premarket discrimination are intertwined?

• A) The workers who are most likely to be discriminated against have,on average,the parents that most likely faced discrimination in the past.
• B) The anticipation of future discrimination affects current actions.
• C) Children's outcomes are independent of their parents' characteristics.
• D) A worker can suffer from both occupational and earnings discrimination.
• E) Premarket discrimination operates through more than one channel.

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Definitions:

Pricing Strategies

Various approaches businesses use to set prices for their products or services to maximize profitability and meet market demand.

Perishable

Describes products or services that have a limited life span or expiry date, after which they are no longer usable or valuable.

Empowerment Gap

The disparity between groups in their access to resources and opportunities that allow for empowerment and decision-making.

Service Gap

Results when a service fails to meet the expectations that customers have about how it should be delivered.