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3 years ago

An affirmative action policy encourages employers to________

Business

1 answer:

Bogdan [553]3 years ago

4 0

Answer:

C) give no consideration at all to a job applicant’s race or gender

Explanation:

Affirmative action is a policy to encourage equal opportunity

and to level the playing field for groups of people who have been and

are discriminated against. According to the Equal Employment

Opportunity Commission, affirmative action "is considered essential to

assuring that jobs are genuinely and equally accessible to qualified

persons, without regard to their sex, racial, or ethnic

characteristics."

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Suppose that the price of a good decreased. The substitution effect shows the change in consumption for all goods in reaction to

Lapatulllka [165]

Answer:

The correct answer is "relative prices; utility". A further explanation is provided below.

Explanation:

The conditions of a connection or bond between variables customer demand or perhaps the proportion of such a given cost of production to the normal distribution of so many other products available throughout the marketplace.
Individual's pleasure is usually measured by the consumption of that same goods and services.

Thus the above is the correct answer.

4 0

3 years ago

Taxes a distort incentives and this distortion causes markets to allocate resources inefficiently. b do not distort incentives,

RUDIKE [14]

Answer:

Letter a is correct. Distort incentives and this distortion causes markets to allocate resources inefficiently.

Explanation:

What happens is that when rates rise, it causes an imbalance in supply and demand, because at higher rates companies are forced to raise prices to offset tax costs, so the pass-through of consumer prices discourages consumption and as a consequence of less consumption, production also decreases, causing the inefficient allocation of market resources.

7 0

3 years ago

A customer invests 50000. 10 years later, the investment is worth 100000. the customers annual compouned rate of return is?

9966 [12]

<u>Answer:</u> The rate of interest is 7.18 %

<u>Explanation:</u>

To calculate the rate of interest, we use the equation used for the interest compounded monthly follows:

$A=P(1+\frac{R}{n})^{nT}$

A = Amount after time period 'T' = $100,000

P = Principal amount = $50,000

R = rate of interest = ?

n = Number of times interest applied per time period = 1 (annually)

T = time period = 10 years

Putting values in above equation, we get:

$100,000=50,000(1+\frac{R}{1})^{1\times 10}\\\\R=0.0718$

Calculating the rate of interest in percentage:

$\Rightarrow R\times 100=0.0718\times 100=7.18\%$

Hence, the rate of interest is 7.18 %

7 0

3 years ago

dentify a true statement about sales-oriented firms. a. They target their products to specific groups of people. b. They recogni

stellarik [79]

Answer:

Correct answer is (d). They target their products at "everybody" or the "average customer."

Explanation:

Every sales-oriented firms want more customers and want to make more profit by selling to as many customers as possible, this makes them to seek and target their products to every potential buyers and other average customers available.

6 0

3 years ago

Andrew paid $30 to buy a potato cannon, a cylinder that shoots potatoes hundreds of feet. He was willing to pay $45. When Andrew

irinina [24]

Answer:

The total surplus from Andrew's sale to Nick is $35.

Explanation:

The total surplus is the sum of producer surplus and consumer surplus.

The consumer surplus is the difference between the maximum price a consumer is willing to pay for a product and the price he/she actually has to pay.

While producer surplus is the difference between the minimum price a producer is willing to accept for a product and the price he/she actually gets.

Consumer surplus for Nick

= $80 - $60

= $20

Producer surplus for Andrew

= $60 - $45

= $15

Total surplus from generated from Andrew's sale to Nick

= $20 + $15

= $35

3 0

3 years ago