List three types of demand discrimination Instructions: Institutional discrimina

Question

List three types of demand discrimination Instructions: Institutional discrimination Discrimination based on irrelevant individual characteristics. Discrimination based on employer and workplace characteristics. Discrimination based on relevant individual characteristics. Discrimination based on group characteristics. Discrimination based on desired wage rate. Discrimination based on willingness to work. Which is the most difficult to eliminate? Why? Discrimination based on group characteristics because it is very difficult to change gender, age, or ethnicity. Discrimination based on relevant individual characteristics is most difficult to eliminate because this kind of discrimination lowers costs of production and makes a firm more competitive. Discrimination based on an individual's willingness to work because firms are unwilling to hire lazy worker. Discrimination based on irrelevant individual characteristics because this kind of discrimination increases the price firms can change for their product. Which is the easiest to eliminate? Why? Discrimination based on desired wage rate because the invisible hand will lead the market to equilibrium in the long run. Discrimination based on group characteristics because it is easy to change an employer's perceptions of gender, age, or ethnicity. Discrimination based on willingness to work because on the job training will improve employees work ethic. Discrimination based on irrelevant individual characteristics because this kind of discrimination has no economic motivation.

Explanation / Answer

Answer:

a. List three types of demand discrimination.

Discrimination based on employer and workplace characterises

Discrimination based on relevant individual characteristics

Discrimination based on desired wage rate

b. Which is the most difficult to eliminate? Why?

Discrimination based on relevant individual characteristics is most difficult to eliminate because this kind of discrimination lowers costs of production and makes a firm more competitive.

c. Which is the easiest to eliminate? Why?

Discrimination based on irrelevant individual characteristics because this kind of discrimination has no economic motivation.

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