16. Discrimination is not efficient. A company wishing to maximize efficiency should always hire the best worker for each job regardless of race, gender, etc. Yet in practice, discrimination often happens anyway. Why? Give two reasons why companies discriminate in hiring.
16. Discrimination is not efficient. A company wishing to maximize efficiency should always hire the best worker for each job regardless of race, gender, etc. Yet in practice, discrimination often happens anyway. Why? Give two reasons why companies discriminate in hiring.
Principles of Economics (MindTap Course List)
8th Edition
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter19: Earnings And Discrimination
Section: Chapter Questions
Problem 6CQQ
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![16. Discrimination is not efficient. A company wishing to maximize efficiency
should always hire the best worker for each job regardless of race, gender, etc.
Yet in practice, discrimination often happens anyway. Why? Give two reasons why
companies discriminate in hiring.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F84be77e3-7e2a-48d9-923c-45508700aa71%2F43bd8be9-d2d4-41e2-9047-58c59ed583c5%2Fumj0rha_processed.jpeg&w=3840&q=75)
Transcribed Image Text:16. Discrimination is not efficient. A company wishing to maximize efficiency
should always hire the best worker for each job regardless of race, gender, etc.
Yet in practice, discrimination often happens anyway. Why? Give two reasons why
companies discriminate in hiring.
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