Concerning the Issue of Affirmative Action, Surveys Tend to Show

question 71

Multiple Choice

Concerning the issue of affirmative action, surveys tend to show that Americans are

• A) strongly in favor of it, regardless of their race or sex.
• B) strongly opposed to it, regardless of their race or sex.
• C) divided on the issue, with African Americans more supportive of it than Caucasians.
• D) divided on the issue, with men more supportive of it than women.

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Definitions:

Purely Competitive

A market structure characterized by a large number of small firms, free entry and exit, homogeneity of products, and perfect information that leads to the price being dictated by the market.

Monopolistic Firms

Firms operating in a market structure with many competitors that sell differentiated products.

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, indicating the goods' sensitivity to price changes.

Demand Schedule

A table that shows the quantity of a good or service that consumers are willing and able to buy at various prices.