Doing Well on a Sociology Test Because You Studied and Worked

question 171

Multiple Choice

Doing well on a sociology test because you studied and worked hard illustrates which of the following?

• A) an achievement-based accomplishment
• B) a sociologically based accomplishment
• C) an ascription-based accomplishment
• D) a ritual-based accomplishment

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Definitions:

Entrepreneur

An individual who creates a new business, bearing most of the risks and enjoying most of the rewards, often seen as an innovator and a source of new ideas, goods, services, and business/or procedures.

Production Possibility Frontier

A graph showing the highest possible combinations of two goods that can be made using existing resources and technology.

Output Efficiency

The optimized state where goods or services are produced at the lowest possible cost and with the best allocation of resources.

Marginal Rate

The rate at which one variable changes with respect to a slight change in another variable, often used in the context of taxes or production.