The Social Class into Which a Consumer Is Born Is

question 85

Multiple Choice

The social class into which a consumer is born is referred to as his or her _____.

• A) achieved status
• B) aspired status
• C) ascribed status
• D) desired status

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Definitions:

Unsystematic Risk

is the type of risk that is specific to a particular company or industry, and can be mitigated through diversification.

Systematic Risk

The risk inherent to the entire market or market segment, which cannot be eliminated through diversification.

Stock Returns

The earnings generated by investing in stocks, typically expressed as a percentage of the investment's original value.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values.