Asked by
Daniella Lopes
on Oct 26, 2024
Verified
Firms that engage in discrimination are usually more profitable than firms that don't discriminate.
Opportunity Cost
The cost of foregone alternatives; the value of the best alternative that is not chosen.
Leisure
Free time when individuals are not working, which can be used for rest, recreation, or personal activities.
- Identify the effects of discrimination on firm profitability and labor market efficiency.
Verified Answer
DL
Learning Objectives
- Identify the effects of discrimination on firm profitability and labor market efficiency.