Which of the Following Factors Would the Lenskis' Approach Highlight

question 39

Multiple Choice

Which of the following factors would the Lenskis' approach highlight as bringing about change in society?

• A) the telephone
• B) conflict between workers and factory owners
• C) new religious movements
• D) the extent to which people share moral values

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Definitions:

Consumer Surplus

The variation between the sum consumers are willing to allocate for a good or service and the sum they actually allocate.

Surplus II

An additional amount of a resource, product, or service that exceeds the amount demanded or utilized.

Consumer Surplus

The discrepancy between what consumers are willing to spend on a good or service and their actual expenditures.

Surplus II

An excess of supply over demand in the market, leading to excess goods and potential lower prices.