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Why do sociologists prefer to define ʺraceʺ as a social concept rather than a biological concept?
Emotional Effect
The impact on an individual's feelings or emotions, typically in response to a particular event, situation, or stimulus.
Perception of Quality
The viewpoint of consumers or users about the standard or grade of a product or service, based on its perceived performance or effectiveness.
Product's Price
The amount of money charged for a product or service, determined by various factors including cost of production, market demand, and competition.
Flexible Cost-plus Pricing
A pricing strategy where the selling price is determined by adding a specific markup to a product's variable costs, allowing flexibility in pricing.
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