Which of the Following Is True of the Upper Class

question 103

Multiple Choice

Which of the following is true of the upper class in the United States today?

• A) They are a largely self-sustaining group and rarely add new members.
• B) They are comprised mainly of skilled workers in technical fields.
• C) They make up about 30 percent of the population.
• D) They are not usually very well educated.
• E) They usually work in executive, managerial, and professional jobs.

Grasp the differentiation between individual and aggregate demand.

Understand the implications of customer loyalty programs on consumer behavior.

Understand the basic concepts of game theory.

Analyze the outcomes of sequential and simultaneous games.

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