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Differentiate between economic rent and transfer earnings in micro economics?

Transfer Earnings is the amount that the factor could earn in it's best paid alternative employment. Economic rentis the difference between what the factor is earning and what the factor could earn in it's alternative employment.


What are the differences between ageism and racism?

The differences between ageism and racism are that ageism refers to discrimination pertaining to age groups (usually senior citizens) and racism refers to discrimination and as well xenophobia due to ethnic background differences. Both stem from ignorance and fear.


What is meant by discrimination explain with examples?

Discrimination is defined as distinguishing differences between things or treating someone as inferior based on their race, sex, national origin, age or other characteristics. An example of discrimination is when you can tell the difference between fine wine and cheap wine.


Are all the differences that exist between minority groups and the majority in your society are due to heredity?

No, all differences between minority and majority groups in society are not due to heredity. Social and economic factors such as access to education, employment opportunities, healthcare, and systemic discrimination also play a significant role in creating disparities. It is important to address both genetic and environmental factors when considering inequality between different groups.


What are the consequences of discrimination on a society between prejudice and discrimination?

Discrimination is the valuable and necessary determining and acting on the real differences among people. We necessarily discriminate between the skillful and the unskilled, between the honest and the dishonest, between the energetic and the lazy. Prejudice is acting on differences among people without determining that they actually exist. To PRE-judge, means deciding to treat people differently BEFORE determining that they are actually different, merely assuming they are different.


What term is used to describe the difference in earnings between men and women in comparable jobs?

see the equal employment pay act of 1963


What is the differences between unemployed and full employment?

Unemployed=not working, full time=working 40 hours typically.


What are the key differences between separation and termination in the context of employment relationships?

Separation in employment refers to the end of the working relationship between an employee and employer, which can be voluntary or involuntary. Termination specifically refers to the employer ending the employment relationship, often due to performance issues or misconduct.


What is response discrimination?

Response discrimination refers to an individual's ability to differentiate between different stimuli or responses and respond accordingly. It involves recognizing and distinguishing subtle differences in stimuli or responses to make accurate and consistent choices or decisions. Response discrimination is crucial for tasks that require precise identification or discrimination among various stimuli.


What type of business law deals with general employment practices?

Employment law deals with general employment practices, including issues such as hiring, termination, discrimination, workplace safety, and employee benefits. This area of law governs the relationship between employers and employees and ensures that both parties adhere to their legal rights and obligations.


What are the differences between a two sample t-test and ANOVA hypothesis testing?

In ANOVA, what does F=1 mean? What are the differences between a two sample t-test and ANOVA hypothesis testing? When would you use ANOVA at your place of employment, in your education, or in politics?


What are the key differences between the Black and White races according to the MLA guidelines?

The key differences between the Black and White races, according to MLA guidelines, are primarily related to historical and social contexts, including experiences of discrimination, inequality, and systemic racism. These differences are recognized and acknowledged in academic research and discussions within the framework of MLA guidelines.