-Based on the Production and Revenue Data in the Above

question 129

Multiple Choice

-Based on the production and revenue data in the above table, if the wage rate is $20 per worker, how many workers will be hired?

• A) 5
• B) 4
• C) 3
• D) 2

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Definitions:

Ascribed Status

Attributes (advantages and disadvantages) assigned at birth (e.g., sex).

Intelligence Quotient

A measure of a person's intellectual abilities in relation to their age group, typically assessed by standardized tests.

Davis-Moore Thesis

A sociological proposition that argues for the functional necessity of social stratification and inequality for the optimal performance of a society.

Social Inequality

The presence of unequal opportunities and rewards for different social positions or statuses within a group or society.