Gans Argues That _____________ Account for More Than Ethnic Culture

question 28

Multiple Choice

Gans argues that _____________ account for more than ethnic culture in explaining the social mobility and success of ethnic groups.

• A)religious culture
• B)educational attainment
• C)class factors
• D)political power

---

Definitions:

Market Supply

The total amount of a specific good or service that is available to consumers in a market at a given time and price.

Equilibrium Price

Equilibrium price is the price at which the quantity of a good demanded by consumers equals the quantity supplied by producers, leading to market stability.

Consumer Surplus

The difference in the total expected payment consumers are ready to make for a good or service and their actual expenditures.

Producer Surplus

The difference between the actual amount received by sellers for a product and the least amount they would be willing to accept, representing the net benefit to producers.