When Researchers Reference "New Racism," They Are Referring To

question 3

Multiple Choice

When researchers reference "new racism," they are referring to:

• A) The idea that whites think everything is fair for everyone, so nothing needs to be done to ensure equal opportunity any more.
• B) The idea that in recent years, discrimination is based on economic status rather than race.
• C) The idea that African-Americans are still unable to break the glass ceiling and attain positions in upper-level management.
• D) All of the above.

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Definitions:

Economies of Scale

Cost advantages reaped by companies when production becomes efficient, as the scale of operation and output increases.

Diseconomies of Scale

The phenomenon when a firm experiences increased costs per unit of output due to inefficiencies associated with scale of production, contrary to economies of scale.

Long-run ATC

Referring to the average total cost of production when all inputs, including capital, are variable over a longer period.

Average Fixed Costs

When the production expenses that stay uniform, regardless of production levels, are divided by the number of goods produced.