According to the Text, Which of the Following Reflects the Realistic

question 115

Multiple Choice

According to the text, which of the following reflects the realistic conflict theory?

• A)It asserts that racism is about biological/genetic inheritance, not resources.
• B)It is used to understand how prejudice emerges from competition over scarce resources.
• C) It ensures that superior genetics are kept within specific ethnic groups.
• D) It supports ideas that the owning class is socially superior and entitled.

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Definitions:

Restocking Costs

Expenses associated with replenishing inventory or stock levels in a business, including purchasing, shipping, and handling costs.

Carrying Costs

The aggregate amount spent on inventory upkeep, which covers costs related to storage, insurance premiums, and tax payments.

Opportunity Costs

The cost of an alternative that must be forgone in order to pursue a certain action. Put another way, the benefits you could have received by taking an alternative action.

Inventory

Goods and materials that a business holds for the ultimate goal of resale or processing.