A Particular Group of Students Is Incorrectly Labeled by the School

question 85

Multiple Choice

A particular group of students is incorrectly labeled by the school system as "slow learners." Their teachers and parents have low expectations for them, and their academic progress is negligible. This situation would exemplify which one of Karl Marx's concepts?

• A) class consciousness
• B) false consciousness
• C) dialectical change
• D) proletariat

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Definitions:

Less Elastic

Describes a situation where the demand or supply for a product or service is relatively unresponsive to changes in price.

Perfectly Inelastic

A situation where the demand or supply for a good does not change in response to changes in price.

Demand Curve

A graph that shows the relationship between the quantity of a good demanded and its price.

Completely Vertical

In economics, this can refer to a supply curve that is perfectly vertical, indicating that the quantity supplied is completely unresponsive to changes in price.