The Second Force That Led to Residential Segregation Is

question 3

Multiple Choice

The second force that led to residential segregation is:

• A) practices local courts said where legal.
• B) racists real estate agents hired by racist people.
• C) practices created and reinforced by the real estate industry.
• D) raising prices so that Black families could not afford to buy a home.

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Definitions:

Small Firms

Small firms are businesses with a relatively small number of employees, limited revenue, and a localized operational base, often contributing significantly to innovation and employment.

Economies of Scale

Cost benefits that companies gain from their operation size, where the cost for each unit of production typically falls as the scale expands.

Constant Returns to Scale

A situation in production where increasing all inputs by a certain factor results in output increasing by the same factor.

Average Total Cost

The total cost divided by the quantity of output produced; it includes all variable and fixed costs.