Doing something that is not necessarily discriminatory on its face, but is motivated by reference to well-established empirical regularities is
A. rational discrimination.
B. statistical discrimination.
C. disparate treatment discrimination.
D. adverse impact discrimination.
Answer: B
Economics
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Any point on a production possibilities frontier (PPF) itself is
A) production efficient. B) unattainable. C) inefficient. D) equitable.
Economics
In the figure above, what is the loss of consumer surplus if the firm is a perfectly price-discriminating monopoly instead of a perfectly competitive industry?
A) $0 B) $22.50 C) $45.00 D) $90.00
Economics