Which of the Following Refers to a Judgment About a Person

question 65

Multiple Choice

Which of the following refers to a judgment about a person based on preconceived ideas about the group that person belongs to?

• A) racism
• B) prejudice
• C) discrimination
• D) scapegoating

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Definitions:

Production Possibilities

Production possibilities refer to the different combinations of goods and services that an economy can produce given its available resources and technology.

Specialization

The process of focusing effort and resources on a limited number of activities to increase efficiency and productivity.

Quantity Demanded

Refers to the total amount of a good or service that consumers are willing and able to purchase at a specific price level, holding all other factors constant.

Quantity Supplied

The total amount of a product that producers are willing to sell at a given price within a specific time frame.