Which of the Following Statements About U

question 5

Multiple Choice

Which of the following statements about U.S. racial categories is true?

• A) U.S. racial categories are biologically valid, as demonstrated by the Phipps case in the 1970s in Louisiana.
• B) U.S. racial categories are culturally arbitrary, even though most people assume them to be based in biology.
• C) U.S. racial categories are applied to endogamous breeding populations.
• D) U.S. racial categories are based on global racial categories that vary little among societies.
• E) U.S. racial categories are based on genetics, whereas Japan's are based upon undemonstrated descent.

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Definitions:

Marginal Cost

The expense associated with the production of an extra unit of a product or service.

Rebates

Rebates are partial refunds to purchasers of products or services, often used as a promotional tool by marketers to increase sales or the perceived value of a product.

Peak-Load Pricing

Pricing strategy that involves charging higher prices during peak times when demand is higher and resources are more constrained.

Third-Degree Price Discrimination

A pricing strategy where different prices are charged to different segments of customers based on their willingness to pay.