Based on the Textbook, What Are Two Ways a Group

question 95

Multiple Choice

Based on the textbook, what are two ways a group becomes a minority?

• A) genocide and the expansion of political boundaries
• B) migration and a change in the economy of a nation
• C) genocide and a change in ethnic work by citizens
• D) the expansion of political boundaries and migration

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Definitions:

Equilibrium

A state in which market supply and demand balance each other, and as a result, prices remain stable.

Market

A place or system where buyers and sellers interact to trade goods, services, or contracts, allowing for the exchange of resources.

Price

The monetary value assigned to the acquisition of a service or good.

Consumer Surplus

The difference between the total amount that consumers are willing to pay for a good or service and the total amount they actually pay.