Dan Owns an Autographed Copy of a Brittany Spears CD

question 94

Multiple Choice

Dan owns an autographed copy of a Brittany Spears CD.If he sells it locally,he can get $100.If he puts it on eBay,he can get $500,of which he will pay $50 to eBay.eBay has therefore caused total economic surplus to be

• A)unchanged.
• B)$400 higher.
• C)$50 higher.
• D)$350 higher.

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Definitions:

Functionalist Perspective

A sociological approach that views society as a complex system whose parts work together to promote solidarity and stability.

Societal Values

The core principles and standards shared by members of a society that guide behaviors, judgments, and social practices, reflecting what is considered important and valuable.

Charles Horton Cooley

An American sociologist best known for his theory of the "Looking-Glass Self," which describes how personal identity is developed by how we perceive others seeing us.

Subconscious Need

A psychological requirement or drive that operates below the level of conscious awareness, influencing behavior and decision-making.