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For Questions use the following narrative
Narrative: Apartment complex
Suppose you want to survey the opinions of the residents of an apartment complex.The complex contains 100 buildings, each with 8 units per building, for a total of 800 units.You decide to sample 160 of the units.
-{Apartment complex narrative} Suppose you randomly sample 20 buildings, and then select every unit in those 20 buildings to be in your sample, for a total of 160 units.What sampling method did you use?
Environmental Racism
The practice of disproportionately situating environmental hazards and harmful industries near minority or low-income communities.
Imperfect Price Signals
Situations in which prices do not fully reflect all the relevant information, leading to inefficiencies or misallocations in the market.
Actual Cost
The total expenditure incurred in the production of goods or services, including all direct and indirect costs.
Society
A large group of people living together in a more or less ordered community, sharing customs, laws, and organizations.
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