A Stereotype Is

question 30

Multiple Choice

A stereotype is

• A)an attribute along which a group is split into subgroups.
• B)a generalization about a particular group of people.
• C)a way in which people are similar or different from each other.
• D)a difference in values,attitudes or beliefs.

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Definitions:

Diminishing Returns

An economic principle stating that as investment in a particular area increases, the rate of profit or benefits gained from additional investment will eventually decline.

Explicit Costs

Direct, out-of-pocket expenses incurred in the operation of a business or investment.

Cash Expenditures

Funds spent by a company or individual in cash form for operating activities, investments, and financing.

Explicit Costs

Direct, out-of-pocket payments made by firms for the use of inputs and resources in the production process.