Statistical discrimination is "rational" in the sense that it is consistent with profit maximization,
A. but if statistical evidence is used to exclusively hire or fire one race or another it is illegal.
B. and as a result it is illegal.
C. so it is weighed by the courts against how bad it looks.
D. and as a result it is legal.
Answer: A
Economics
You might also like to view...
What role can the government play in correcting for externalities?
What will be an ideal response?
Economics
The Internet has made it possible to compare lots of prices without incurring a lot of cost. If Internet access is unequally distributed throughout the population one would expect
A) consumers with Internet access to pay a higher price. B) consumers without Internet access to pay a lower price. C) price discrimination against consumers without Internet access. D) firms to charge the same price to all consumers.
Economics