Only Dominant or Majority Groups Can Have Prejudiced Views; Minority

question 52

True/False

Only dominant or majority groups can have prejudiced views; minority groups are not capable of being prejudiced.

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Definitions:

Total Revenue

The overall amount of money generated by a firm from selling its goods or services before any costs or expenses are deducted.

Average Total Cost

The sum of fixed and variable production costs, divided by the total amount of goods produced.

Industry's Price

The general price level at which goods and services are bought and sold within a specific industry.

Output

The total amount of goods and services produced by a company, industry, or economy.