Scapegoat Theory States That Prejudice Is Created By

question 19

Multiple Choice

Scapegoat theory states that prejudice is created by:

• A) culture beliefs.
• B) high levels of immigration.
• C) frustration among disadvantaged people.
• D) people with rigid personalities.

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Definitions:

Long Run

Amount of time needed to make all production inputs variable.

Price Elasticity

A measure of the responsiveness of quantity demanded or supplied of a good to a change in its price, indicating how changes in price can affect consumption or production volumes.

Brand Loyalty

The tendency of consumers to continuously purchase one brand's products over another, often due to a perceived superiority or an emotional attachment.

Monopoly Power

The ability of a company or entity to control the price and supply of a product or service, due to the lack of competition in the market.