Asked by Emily Gutierrez on Jul 14, 2024

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The taste-for-discrimination model examines an employer's prejudice and discrimination in hiring by using tools of

A) demand theory.
B) theory of costs.
C) production theory.
D) profit theory.

Taste-For-Discrimination Model

An economic theory that explains how personal bias and preferences can lead to differences in wages and employment opportunities for various groups.

Prejudice

Preconceived opinions or judgments towards people or groups without sufficient knowledge, reason, or direct experience, often leading to discrimination.

Demand Theory

An economic principle that describes how the demand for goods or services changes in response to price changes, assuming all other factors remain constant.

  • Appreciate the impact of labor market discrimination paradigms on economic performance and operational effectiveness.
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Alexandria SimoneJul 19, 2024
Final Answer :
A
Explanation :
The taste-for-discrimination model, developed by Gary Becker, uses demand theory to examine how an employer's prejudice against certain groups can affect hiring decisions and wage differentials. It posits that some employers are willing to pay a monetary premium to avoid hiring individuals from certain groups, which is analyzed within the framework of demand theory.