If Firms Are Competitive, Then Labor-Market Discrimination

Multiple Choice

If firms are competitive, then labor-market discrimination

A) cannot exist in either the short run or the long run.
B) will be more of a problem than if the market were monopolistic or imperfectly competitive.
C) likely will not be a long-run problem unless customers exhibit discriminatory preferences or government maintains discriminatory policies.
D) likely will be more of a problem in the long run than in the short run due to the zero-profit condition that characterizes long-run equilibrium for competitive firms.