An employer asking potential employees to interview with them is an example of:
A. signaling.
B. screening.
C. statistical discrimination.
D. building a reputation.
B. screening.
Economics
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Restaurants catering to both a lunch and dinner trade are likely to mark their prices up above the cost of the food more for dinner than for lunch because
A) the demand is greater at dinner. B) the demand is less at dinner. C) the demand is less elastic at dinner. D) the demand is more elastic at dinner.
Economics
Assume an income tax was doubled. Describe what would happen to labor supply and leisure. Can we be about the net effect on labor supply?
What will be an ideal response?
Economics