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How can inequality or discrimination hurt an economy's ability to maximize its human capital?
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How does inequality affect democracy in America?
People with different levels of wealth in the United States have different levels of ability to influence the political system and different levels of ability to increase their own economic stature. As a result, without a counterbalance, the wealthier individuals will have an unequal ability to influence policy and to draw wealth out from the poorer population.
What is price discrimination explain the basis of price discrimination?
Price discrimination occurs when producers charges different prices to different people for reasons not related to cost. There are generally 3 types.1st degree price discrimination - when you charge different prices to different individuals, depending on their willingness and ability to pay. This attempts to capture all the consumer surpluses. e.g. auction.2nd degree price discrimination - where prices differs when individuals purchase good in different quantities. e.g. the increment in parking charges for the 2nd hour will be lower than the first.3rd degree price discrimination - where prices are charged differently to different group of consumers, depending on the elasticity of demand. Generally the group that has an inelastic demand curve will face higher prices. e.g. bus fares for elderly vs children vs adults.
Why would rent controls result in higher incidence of racial or age discrimination?
Price serves as a rationing device. Suppliers must determine to whom their production will bedistributed. In a free market economy, this is accomplished through the price mechanism. Thosewho are willing and able to purchase the product will receive the product. Rent controls reducethe ability of landlords to distribute housing services based solely on price. Therefore, they canresort to other mechanisms, such as bribery and favoritism. Unfortunately, some will resort tousing racial or age discrimination as the rationing mechanism.
What is the ability to control the actions of other people and the ability to escape from the control of others and the ability to gain economic advantages?
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How are a monopolistic firm and a competitive firm similar?
Monopoly means that there are no competitor for your product or servises
What forms of inequality and discrimination did women face in the professional world?
There are many forms of inequality and discrimination that women face in the professional world. One of these inequalities is the ability to play professional football.
What discrimination test the patients ability of sensory perception?
Discriminative sensory testing can evaluate a patient's ability to distinguish between different sensory stimuli, such as temperature, vibration, or pressure. This type of testing helps assess nerve function and sensory perception in conditions like neuropathy or nerve damage. Examples of discriminative sensory tests include two-point discrimination, vibration testing, and temperature discrimination tests.
What ability of sensory perception does the two point discrimination test test for?
The two point discrimination test measures the ability to discern two distinct points touching the skin. It assesses the density of touch receptors in a specific area, commonly used to evaluate sensory nerve function.
What is spatial discrimination?
Spatial discrimination Is the ability to identify the specific region of the body being stimulated.
The ability to respond to similar but distinct stimuli?
Stimulus Discrimination?
What is sound discrimination?
Auditory discrimination is the ability to detect similarities and differences when listening to sounds. http://www.teachingexpertise.com/articles/activities-to-develop-auditory-discrimination-skills-1101
What is the term for the ability to respond differently to various types of stimuli?
Discrimination
What is fair minded?
Fair-mindedness is the ability to make judgments from discrimination or dishonesty.
What is intellectual fair minded?
Fair-mindedness is the ability to make judgments from discrimination or dishonesty.
What is discrimination in psychology?
Discrimination in psychology refers to the unjust treatment or unequal behavior towards individuals or groups based on certain characteristics such as race, gender, age, or ability. This can lead to negative consequences for the target of discrimination, including psychological harm and distress. Psychologists study discrimination to better understand its causes and effects, and to develop interventions to address and reduce its impact.
What piece of legislation guaranteed people legal protection from discrimination based on their race age gender or physical ability?
The Civil Rights Act of 1964 guarantees legal protection from discrimination based on race, color, religion, sex, and national origin. Additional legislation such as the Age Discrimination in Employment Act of 1967, the Americans with Disabilities Act of 1990, and the Equal Pay Act of 1963 further protect individuals from discrimination based on age, physical ability, and gender.
What Is the learned ability to differentiate between similar objects such as packages of different brands of aspirin?
Stimulus discrimination
