People Known as Mestizos in Latin America Represent __________

question 4

Multiple Choice

People known as mestizos in Latin America represent __________.

• A) mixed race
• B) low power and prestige
• C) an inferior race
• D) high socioeconomic status

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Definitions:

Materials Markup

The extra percentage added to the cost price of goods to cover overhead and profit when selling goods.

Labor Rate

The cost paid to labor per unit of time, often referred to as wage rate or hourly rate.

Production Capacity

The maximum output that a company can produce in a given period under normal conditions.