The correct answer to this open question is the following.
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It is very controversial and has led to numerous lawsuits. An individual with a higher average is passed over for an individual who has a lower average but who is a minority person, let’s say for example, into admission into a certain college or to be hired into a certain job. This is because of affirmative action.
This term means that there are a series of policies aimed to increase the presence of minority groups in some institutions or schools. These minority groups are based on their race, ethnicity, sexual orientation, religion, or gender.
These practices or policies stem from the idea that these minority groups have a minimum representation in those institutions, companies, or schools. That is affirmative action tries to diminish the inequalities and support diversity.
Efficiency wages may cause a <u>surplus</u> of labor because they are <u>above</u> the equilibrium wage.
The efficiency wage is higher than the equilibrium wage, which might result in a labor supply.
Since the efficiency wage in question is higher than equilibrium wages, there will be a labor surplus since more individuals will be eager to work as a result of the wage rise. Due to the fact that supply is more than demand, this will result in a rise in supply and an excess of labor.
There is a labor surplus in the sense that a sizeable segment of the work force produces less than it consumes and its marginal product is below the wage agreed upon via negotiation.
To learn more about equilibrium wages
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The scenario above best illustrates the tend and befriend, in which is a behavior being exhibited in protecting or seeking out mutual defense because of a threat. It is seen in the scenario above where Miranda seeks out mutual defense on her neighbors and the church community because of a problem which could be considered as a threat for her life.
