Why would a wage differential due to discrimination in hiring be unlikely to persist in a competitive labor market?
a. There is a cost advantage for firms that do not discriminate.
b. Workers who are victims of discrimination will eventually drop out of the labor market.
c. Competing firms will hire fewer of the workers who are temporarily victimized by discrimination.
d. Discrimination cannot exist in markets.
a
Economics
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Equity investors in real estate expect to receive a return on their investment through the collection of ________ and through ____________________.
Fill in the blank(s) with the appropriate word(s).
Economics
Intermediate inputs are
A) goods used for household consumption only. B) goods used for government consumption only. C) goods purchased by one business from another to use in production. D) raw materials used in the production process.
Economics