When It Comes to Making Choices, Working-Class and Upper-Middle-Class Americans

question 24

Multiple Choice

When it comes to making choices, working-class and upper-middle-class Americans differ in that

• A) working-class Americans are more likely than upper-middle-class Americans to express themselves through their choices.
• B) working-class Americans prefer making choices among a small set of options, whereas upper-middle-class Americans prefer making choices from a relatively larger set of options.
• C) upper-middle-class Americans think more deliberately and thus take longer to make a decision compared to working-class Americans.
• D) upper-middle-class Americans are more satisfied with choices they make for themselves compared to choices made for them by others, whereas working-class Americans are satisfied with choices regardless of who makes the choice.
• E) working-class Americans are more likely than upper-middle-class Americans to experience "choice overload" and are consequently more willing to allow other people to make their choices for them.

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Definitions:

Joint Production Process

A manufacturing operation that simultaneously produces two or more outputs from a common input or process.

Split-off Point

The stage in a production process where multiple products are generated from a common input, and each product can then be sold or processed further.

Raw Material Input

The basic materials and components used at the start of the production process to manufacture finished goods.

Contribution Margin

The difference between sales revenue and variable costs of a product, indicating how much contributes towards covering fixed costs and generating profit.