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A little boy uses a racist term when describing a neighbour,and rather than telling him how inappropriate that label is,his parents laugh.From this experience,the boy learns that his parents think he is funny when he uses racist language and he repeats the practice.What type of theorist would best explain this construction of racism?
Marginal Cost
The monetary outlay for producing an additional unit of a good or service.
Fixed Costs
Expenses that do not change in the short term regardless of the level of production or sales, such as rent and salaries.
Average Total Cost Curve
A graph that shows the per unit cost of production at various levels of output.
Short-Run
A time period in which at least one factor of production is fixed, limiting the ability of firms to adjust to changes in market conditions fully.
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