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Author Question: Because of the owner's prejudice, a firm chooses to discriminate against hiring Asian workers. ... (Read 37 times)

storky111

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on: Jun 30, 2018
Because of the owner's prejudice, a firm chooses to discriminate against hiring Asian workers. Compared to an otherwise identical, nondiscriminating firm in the same competitive market, the discriminating firm will:
 a. incur higher costs.
 b. receive lower profits.
 c. receive higher profits.
 d. be characterized by both (a) and (b).

Question 2

Unanticipated increase in inflation transfers wealth from the borrower, who pays the pre-decided rate of interest to the lender.
  Indicate whether the statement is true or false


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Kdiggy

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

F


storky111

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

sultansheikh

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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