Political Economists and Neoclassical Economists differ in why discrimination ma
ID: 1202270 • Letter: P
Question
Political Economists and Neoclassical Economists differ in why discrimination may occur in the labor market in that
Neoclassical Economists state that discriminating firms are just following social customs, whereas Political Economists state that non-competitive markets are to blame
Political Economists state that people cannot discriminate unless they are deliberately discriminating, whereas Neoclassical Economists state that people can discriminate even ifthey are not conscious that they are discriminating
Political Economists state that firms benefit from discrimination, whereas Neoclassical Economists state that people are willing to pay to discriminate
Neoclassical Economists state that firms benefit from discrimination, whereas Political Economists state that people are willing to pay to discriminate
A.Neoclassical Economists state that discriminating firms are just following social customs, whereas Political Economists state that non-competitive markets are to blame
B.Political Economists state that people cannot discriminate unless they are deliberately discriminating, whereas Neoclassical Economists state that people can discriminate even ifthey are not conscious that they are discriminating
C.Political Economists state that firms benefit from discrimination, whereas Neoclassical Economists state that people are willing to pay to discriminate
D.Neoclassical Economists state that firms benefit from discrimination, whereas Political Economists state that people are willing to pay to discriminate
Explanation / Answer
Ans: (B)