Which of the Following Did Robert Merton Argue Might Cause

question 19

Multiple Choice

Which of the following did Robert Merton argue might cause normlessness?

• A)racial homogeny
• B)social change
• C)poverty
• D)economic opportunity

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Definitions:

Network Effects

The phenomenon where the value or utility of a product or service increases as more people use it, often seen in digital and social media platforms.

Consumer Surplus

The difference between the highest price a consumer is willing to pay and the actual market price they pay.

Monopoly

A market structure characterized by a single seller or producer dominating the entire market, with no close substitutes available.

Network Externalities

The effect that the number of users of a product or service has on the value of that product to others, often leading to increased utility as more people use it.