--%>

Problem on wage discrimination

Firms which discourage the workers from discussing their salaries or wages are most likely engaged in the policies of: (i) Respect for the worker’s privacy. (ii) Monopolistic exploitation. (iii) Perfect competition. (iv) Cooperation rather than competition. (v) Wage discrimination.

Can someone please help me in finding out the accurate answer from the above options.

   Related Questions in Microeconomics

  • Q : Illustration of Substitution Effect

    Sally is very rich that money hardly matters to her, although when the price of JIF chunky peanut butter doubled Sally switched to Peter Pan chunky peanut butter. This alters is an example of the: (1) Income effect. (2) Payback effect. (3) Substitution effect. (4) Pri

  • Q : Elasticity of Supply Elasticity of

    Elasticity of Supply: The law of supply states us that quantity supplied will react to a modification in price. The notion of elasticity of supply elucidates the rat

  • Q : Define legal tender money Legal tender

    Legal tender money: Money which is declared legally as the medium of exchange by government is termed as legal tender money.

  • Q : Income elasticity of demand Income

    Income elasticity of demand: Income elasticity of demand is the degree of receptiveness of demand to the modification in income.

    Q : Difference among change in

    The difference between change in supply and change in quantity supplied is as follows: (1) The change in quantity supplied is caused just by the change in the price of good, whereas a change in supply takes place whenever the ceteris paribus suppositi

  • Q : Total fixed cost Total fixed cost: 1.

    Total fixed cost: 1. Fixed cost remains constant at each level of output ie it do not change with change in quantity.2. It can not be zero when output is zero.3. Its curve is parallel to X-aixs4.

  • Q : Types of market economies What are the

    What are the types of market economies?

  • Q : Maximum possible economic profit of firm

    This firm’s maximum possible economic profit equals: (i) $12,000 per period. (ii) $16,000 per period. (iii) $20,000 per period. (iv) $24,000 per period. (v) $28,000 per period.

    Q : Market price in the Law of Equal

    The marginal utility [that is, additional jollies derived from the final unit consumed] of each and every of the specific goods you purchase regularly is probably most intimately correlated with each and every good’s: (1) Consumer surplus. (2) Market price. (3)

  • Q : When is marginal costs equivalent to

    A purely competitive firm adjusts production therefore its marginal costs equivalent the market price, thus: (w) minimizing losses or maximizing profit. (x) ensuring that total costs do not exceed total revenue. (y) surviving the shor