This Is an Example of the Social Control Function of the Law

question 6

Multiple Choice

This is an example of the social control function of the law.

• A) the U.S. Congress declaring MLK day as a holiday in 1983
• B) NYC imposing fines for people not picking up after their dogs
• C) land ownership laws
• D) Brown v. Board of Education ensuring that schools in America are desegregated

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Definitions:

Herfindahl Index

An evaluation of corporations' sizes in contrast to the overall market, pointing to the level of rivalry among them.

Price Leadership

Price leadership is a market situation where one dominant firm sets the price for goods or services in an industry, and other firms follow suit, either explicitly or implicitly.

Oligopolistic Firms

Companies operating in an oligopoly market structure, characterized by limited competition and high control over market prices.