Gautreaux vs. Chicago Housing Authority class action lawsuit that alleged public housing was serving de facto govt. segregation. -gave $ to families to help buy homes in suburbs. as a result, happier, healthier, children had higher test scores.
About case :
The case began in 1966, when Dorothy Gautreaux and others filed a class action claiming that the Chicago Housing Authority (“CHA”) had intentionally perpetuated racial segregation both in its tenant assignment practices and in its siting policies. In 1969, the district court found for the plaintiff class, Gautreaux v. Chicago Housing Auth.,
Who is Dorothy Gautreaux?
Dorothy Gautreaux was a community and civil rights activist who lived in public housing on Chicago's South Side, and fought against their unjust policies. Under the guidance of ACLU lawyers, Gautreaux and 3 other residents sued the Chicago Housing Authority in the nation's first public housing desegregation lawsuit.
Learn more about Gautreaux vs. Chicago Housing Authority :
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Answer:
B. A business gives its employees a raise, so it cannot afford to buy any TV ads.
Explanation:
Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.
For instance, if you decide to invest resources such as money in a paying your employees (workers), your opportunity cost would be the benefits like increased sales you could have earned if you had invested the same amount of resources in advertising your business.
Hence, the situation which best illustrates the economic concept of opportunity is when, a business gives its employees a raise, so it cannot afford to buy any TV ads.
A policy for $100-deductible collision insurance for a 3-year-old full-size car with a Class 2A driver
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