A Reputational Approach to Social Class Structure

question 46

Multiple Choice

A reputational approach to social class structure:

• A) focuses on occupational role, income level, living conditions and identification with a possibly disadvantaged ethnic or racial group.
• B) is designed to reflect popular imagery and observation of how people interact with one another.
• C) pays more attention to capitalist ownership and to occupational division of labour as defining variables.
• D) includes the Gilbert-Kahl social class structure.

---

Definitions:

Average Total Cost

The total cost per unit of output, calculated by dividing the total cost of production by the quantity of output.

Marginal Cost

The additional cost incurred to produce one more unit of a good or service.

Variable Cost Curve

A graphical representation that shows how total variable costs change with variations in output volume, helping firms visualize cost dynamics related to production levels.

Fixed Labor Cost

Expenses that do not change with the level of production or sales, such as salaries that must be paid regardless of the company's level of output.