Because of the owner's prejudice, a firm chooses to discriminate against hiring Oriental workers. Compared to an otherwise identical nondiscriminating firm hiring in the same competitive market, the discriminating firm will have
a. higher costs.
b. lower profits.
c. a lower quantity of labor supplied at every wage.
d. All of the above are correct.
d
Economics
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A rise in real income will have which of the following effects on money demand?
a. The money demand curve will shift out. b. The money demand curve will not shift at all. c. The money demand curve will shift in. d. Real income has no effect on money demand.
Economics
The table above gives costs at Jan's Bike Sho
A) $200 B) $300 C) $400 D) $500 E) None of the above answers is correct.
Economics