What Is a Minority Group

question 18

Multiple Choice

What is a minority group?

• A) a group that is socially disadvantaged
• B) a group that makes up less than 50 percent of the population
• C) a combination of immigrant groups and visible minorities
• D) a group that can be defined in terms of a unique ethnic character

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Definitions:

Www.Amazon.Com

An online marketplace known for facilitating the buying and selling of a wide variety of goods and services.

Marketplace

A physical or virtual venue where goods and services are exchanged, including everything from retail stores to online platforms.

Monopolistic Competition

A market structure characterized by many firms offering products that are similar but not perfect substitutes, allowing for some degree of market power.

Pure Competition

A market structure characterized by a large number of small firms, homogenous products, and easy entry and exit, leading to price taking behavior by all firms.