In a study conducted by Marianne Bertrand and Sendhil Mullianthan, identical resumes were sent in response to help wanted ads in newspapers, with half of the resumes assigned an African-American-sounding name and half assigned a white-sounding name
The study found that
A) employers were 50 percent more likely to interview workers with African-American-sounding names.
B) employers were equally likely to interview workers with white-sounding names and with African-American-sounding names.
C) employers were 50 percent more likely to interview workers with white-sounding names.
D) no employers chose to interview workers with African-American-sounding names.
C
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The U.S. Postal Service has found its monopoly eroded over time because
a. the demand for mail delivery has become more inelastic b. Congress has taken away their monopoly over first-class mail c. the U.S. Postal Service cannot handle the volume of transactions d. the price of stamps has increased relative to other substitutes, such as the telephone, email, and online transactions e. of the decline in the use of fax machines
The rule of reason refers to the interpretation of the courts that dominant firms should be broken up because of their:
a. market share dominance. b. illegal business practices. c. monopolistic behavior. d. All of these.