Examlex
Which of the following is a closed system of stratification in which social position is determined by the family into which a person is born, and change in that position is usually not possible during an individual's lifetime?
Public Transit
A system of various transport modes such as buses and trains operated by a city or region to provide a shared travel service to the public.
Labour Cost
The total amount of money that businesses have to pay to their employees, encompassing wages, benefits, and taxes.
Sensitivity
The degree to which the output of a model or system reacts to changes in input parameters or assumptions.
Fixed Cost
A cost that does not change with an increase or decrease in the amount of goods or services produced or sold.
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