Which Statement Is True About "Neoclassical" Economists

question 24

Multiple Choice

Which statement is true about "Neoclassical" economists?

• A) Neoclassical economists assume that, in a competitive market, the "taste" of discrimination cannot be indulged because it would be too costly for employers.
• B) Neoclassical economists believe that if employers continue to discriminate against special groups, their productivity will be reduced, ultimately resulting in reduced income for employers.
• C) Neoclassical economists assume that employers would lose their competitive advantage if they do not utilize the wide range of skills and talents offered by women, members of minority groups, older adults, sexual minorities, and people with disabilities.
• D) All of the above

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Definitions:

Trend

A general direction in which something is developing or changing; often used to describe patterns or tendencies in data.

Founder Effect

A genetic phenomenon where a new population is established by a small number of individuals from a larger population, potentially leading to a significant genetic drift.

Harmful Allele

A version of a gene that can cause negative effects on the fitness or health of an organism, potentially leading to diseases or disorders.

Rare Allele

An allele that appears infrequently in a population, sometimes associated with specific genetic traits or conditions.