PPSCFPSCNTSPakistan govt jobs
- Subject
- Human Capitaleconomics-mcqs › human-capital
- Published
- 1 Jun 2019
- Last updated
- 28 May 2026
How do competitive markets generally affect discrimination in the labor market?
Multiple choice question for Human Capital. Select an option, then review the explanation below.
Explanation
Competitive markets tend to reduce labor market discrimination. This occurs because firms that do not discriminate can hire workers at lower costs, achieve higher profitability, and outcompete firms that practice discrimination, ultimately forcing the latter out of the market.
More Human Capital MCQs
Practice related questions from the same subject.
- 1.From the perspective of the human capital theory, what is the role of education?
- 2.What does the signaling theory of education primarily suggest?
- 3.When two positions demand equal skills and experience, which job is generally the one offering higher pay?
- 4.Which statement accurately describes the relationship between attractiveness and earnings among workers?
- 5.Which profession has the highest potential to earn income comparable to a superstar?