Which Event Is Regarded by Many as Pivotal in the Twentieth-Century

question 65

Multiple Choice

Which event is regarded by many as pivotal in the twentieth-century struggle for gay rights and denotes the beginning of the modern gay rights movement?

• A) the Civil Rights Act of 1964
• B) the passage of the Fair Housing Act of 1968
• C) the 1969 uprisings at Greenwich Village's mafia-owned Stonewall Inn
• D) the ACT/UP social action in 1989

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Definitions:

Total Fixed Costs

Costs that do not vary with the level of output or sales in the short term, including expenses such as rent, salaries, and insurance.

Profit-seeking

The pursuit of activities that are expected to result in financial gain or increased profitability.

Profit-maximizing Output

The level of production at which a company can achieve the highest level of profit given its costs and the market price of its product.

Competitive Firm

A business that operates in a market where it has numerous competitors and cannot set prices but rather accepts market prices.