In Some Markets a Few Top Performers Receive a Disproportionate

question 23

Multiple Choice

In some markets a few top performers receive a disproportionate share of the rewards. Frank and Cook call this phenomenon

• A) capitalism.
• B) inevitable.
• C) liberalism.
• D) socialism.
• E) the winner-take-all effect.

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Definitions:

Social Group

A collection of individuals who interact with each other and share similar characteristics and a sense of unity.

Punished

The act of imposing a penalty or negative consequence on someone as a response to an undesirable behavior or action.

Social Norm

Unwritten rules or expectations for behavior in a given group or society.

Attitude

A settled way of thinking or feeling about something, typically reflected in a person's behavior.