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stars_and_moon stars_and_moon
wrote...
Posts: 3218
8 years ago
If a firm in pure competition discriminates by only hiring white males, the firm's profits
A) will be lower because the firm will have to charge a price lower than the market price.
B) will be higher because they can charge a price higher than the market price.
C) will be lower because of higher wage costs.
D) will be the same as a firm that does not discriminate.
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kingbykingby
wrote...
Top Poster
Posts: 3218
8 years ago
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wrote...
8 years ago
I compared your answer with a buddy, and it matches

Thanks
wrote...
8 years ago
I instantly knew the answer when I read the question, happy to help
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