A Black Man and a White Man with Equal IQ

question 150

Multiple Choice

A black man and a white man with equal IQ scores are told that the test they are about to take will directly measure their intelligence.If _____ becomes a factor for the black man,he is likely to do _____ on the test than the white man will.

• A) stereotype threat; better
• B) stereotype threat; worse
• C) defensive performance; better
• D) defensive performance; worse

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Definitions:

Perfectly Competitive Industry

An industry characterized by many buyers and sellers, where no single entity can influence the market price of the product.

Marginal Cost

The price of manufacturing an incremental unit of a product.

Perfectly Competitive Market

A market structure characterized by an infinite number of buyers and sellers, identical products, no barriers to entry or exit, and perfect information among all participants.

Short-run Industry

A period in which at least one factor of production is fixed, and firms can only partially adjust their production levels.