Which of the Following Is NOT a Characteristic of Lower-Class

question 98

Multiple Choice

Which of the following is NOT a characteristic of lower-class families?

• A) They typically work in low-prestige jobs that provide minimal income and little intrinsic satisfaction.
• B) They are widely dispersed into neighbourhoods with the middle class.
• C) They are most often found in cities, where large numbers of poor families live in rental housing and may be shunned by other social classes.
• D) The children learn that many people consider them only marginal members of society.

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Definitions:

Profit-Maximizing

The method or approach through which a company decides on the pricing and production quantity that yields the highest profit.

Marginal Revenue Product

The additional revenue generated by employing one more unit of a resource or factor of production.

Wage Rate

The amount of compensation a worker receives per unit of time or per task performed, often expressed as an hourly rate or salary.

Marginal Revenue Product

The additional revenue generated from the use of one more unit of a factor of production.