Which of the Following Is the Largest Latino Group in the United

question 26

Multiple Choice

Which of the following is the largest Latino group in the United States?

• A) Dominicans
• B) Mexicans
• C) Cubans
• D) Puerto Ricans

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Definitions:

Profit

The financial gain obtained when the revenue from business activities exceeds the expenses, costs, and taxes needed to sustain the activity.

Perfectly Price Discriminate

A pricing strategy where a seller charges the maximum possible price for each unit consumed that the buyer is willing to pay.

Output

Output refers to the total amount of goods and services produced by a company, industry, or economy within a given period.

Profit-Maximizing Price

The optimal selling price for a product or service that allows a company to achieve the highest possible profit.