Subcultures

question 37

Multiple Choice

Subcultures:

• A) can always be easily differentiated from the dominant culture.
• B) don't exist in most cultures because in most cultures,everybody is the same.
• C) are hard to definitively define.
• D) exist only in cultures where power differences between classes exists.

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Definitions:

Fixed Cost

Costs that do not vary with the level of output or production, such as rent or salaries.

Variable Cost

Costs that vary directly with the level of output or production volume, such as materials and labor expenses.

Average Variable Cost

The total variable costs incurred by a firm divided by the quantity of output produced.

Marginal Cost

The extra cost resulting from the manufacture of an additional unit of a product or service.