Asked by Emily Gutierrez on Jul 14, 2024
Verified
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.
Verified Answer
Learning Objectives
- Appreciate the impact of labor market discrimination paradigms on economic performance and operational effectiveness.
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