A Caution in the Use of Definitions of Ethnicity Is

question 70

Multiple Choice

A caution in the use of definitions of ethnicity is that

• A) some people belong to several ethnic groups
• B) variation within ethnic groups is often overlooked
• C) variation between ethnic groups is often overlooked
• D) variation within generations is overlooked
• E) some people deny their ethnic membership

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Definitions:

Demand Curve

A graph showing the relationship between a product's price and the quantity of the product that consumers are willing and able to buy, typically downward sloping.

Price Setter

An entity, often a company or monopolistic seller, that has the power to determine the price of goods or services within a market.

Price Effects

Refers to the impact of price changes on the consumer's choice and the quantity demanded of goods and services.

Quantity Effects

The changes in the amount of goods or services produced or consumed in response to changes in price or other factors.