Krugman's Economics For The Ap® Course
Krugman's Economics For The Ap® Course
3rd Edition
ISBN: 9781319113278
Author: David Anderson, Margaret Ray
Publisher: Worth Publishers
Question
Book Icon
Chapter 73, Problem 7MCQ
To determine

The discrimination.

Expert Solution & Answer
Check Mark

Answer to Problem 7MCQ

From the available options, the correct option is less likely when a minimum wage is in place.

Explanation of Solution

Even if there are a number of policies as it is institutionalized into government policy that restricts discrimination but it is still present in various sectors of business and discrimination is not natural in market competition as it arises when people start treating partially based on workers' age, religion, or caste.

But it can be less when a minimum wage is strictly placed in the market, which reduces the chances to discriminate against workers while paying wages based on sex or other characteristics.

Therefore, the correct option is e.

Economics Concept Introduction

Introduction: Discrimination is the unjust treatment of any worker based on caste, religion, age, etc.

Knowledge Booster
Background pattern image
Recommended textbooks for you
Text book image
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:9780190931919
Author:NEWNAN
Publisher:Oxford University Press
Text book image
Principles of Economics (12th Edition)
Economics
ISBN:9780134078779
Author:Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:PEARSON
Text book image
Engineering Economy (17th Edition)
Economics
ISBN:9780134870069
Author:William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:PEARSON
Text book image
Principles of Economics (MindTap Course List)
Economics
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Text book image
Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning
Text book image
Managerial Economics & Business Strategy (Mcgraw-...
Economics
ISBN:9781259290619
Author:Michael Baye, Jeff Prince
Publisher:McGraw-Hill Education