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Some economists have argued that employers can maximize profit by hiring workers who are discriminated against in the labor market. If employers can earn higher profits by hiring workers who are discriminated against, which of the following might explain why racial and gender labor market discrimination still exists? Question 17 options: Employers' biases prevent them from maximizing profit. Housing, education,

Some economists have argued that employers can maximize profit by hiring workers who are discriminated against in the labor market. If employers can earn higher profits by hiring workers who are discriminated against, which of the following might explain why racial and gender labor market discrimination still exists? Question 17 options: Employers' biases prevent them from maximizing profit. Housing, education,

Principles Of Marketing
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Some economists have argued that employers can maximize profit by hiring workers who are discriminated against in the labor market. If employers can earn higher profits by hiring workers who are discriminated against, which of the following might explain why racial and gender labor market discrimination still exists?

 

Question 17 options:

 

Employers' biases prevent them from maximizing profit.
 

Housing, education, and legal discrimination may disadvantage workers who are then discriminated against in the labor market. 
 

Employers may be worried about their customers' discriminatory biases.
 

All of the above.
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