Trade-offs are required because wants are unlimited and resources are.

Gary becker's controversial the economics of discrimination concludes that price discrimination has no effect on final profits. price discrimination benefits monopolies. labor discrimination in hiring results in more efficient allocations of production. discrimination in hiring practices has no effect on final profits. labor discrimination harms firms that practice it due to increased labor costs. price discrimination harms monopolies, which refutes over two centuries of economic theory.

"consists of larger societal forces that affect how a company engages and serves its customers."

Suppose that in the year 2020 the price level in the fictional country of demet is 100, and the governement is considering