Rather Than Seeing Racism as a Product of Class Differences,recent

question 33

Multiple Choice

Rather than seeing racism as a product of class differences,recent theorists like Tomás Almaguer argue that

• A) racist beliefs can become part of economic life.
• B) race and class have nothing in common.
• C) many minority groups benefit from government policies, and it is actually whites who are discriminated against.
• D) there are very few economic differences between racial groups.

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Definitions:

Controllable Margin

Contribution margin less controllable fixed costs.

Controllable Fixed Costs

Fixed costs that management has the ability to influence or change in the short term.

Profit Center

A responsibility center that incurs costs and also generates revenues.

Average Operating Assets

The average value of the assets used in the normal operations of a business over a certain period, often used in evaluating the performance of investment centers.