Suppose You Go to a High School and Identify Groups

question 50

Multiple Choice

Suppose you go to a high school and identify groups of students sitting at different lunch tables.To you it appears that everyone on the football team sits at one table,everyone who gets really high grades sits at another table,everyone who is in the drama club sits at another table,and so on.This outcome could be

• A) the result of everyone preferring to sit at a table with dissimilar students,but not want to be at a table if he or she is in a 30 percent minority or less.
• B) because people naturally discriminate against (and make feel unwelcome)those people who are not like them.
• C) because the school authorities have instituted a one-week experimental plan to keep students segregated (at lunch)according to certain key interests.
• D) b and c
• E) all of the above

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Definitions:

Market Value

The price at which an asset would trade in a competitive auction setting.

Opportunity Cost

The expense incurred from bypassing the next most favorable choice when a decision is made.

Tax Rate

The percentage at which an individual or corporation is taxed by the government.

Market Value

The current price at which an asset or service can be bought or sold in an open market.