Scapegoating Is Most Likely to Occur When the Majority Group

question 158

Multiple Choice

Scapegoating is most likely to occur when the majority group is ________ and the group being scapegoated is ________.

• A) at the peak of their power; hard to identify
• B) frustrated; visible and powerless
• C) angry; angry
• D) demoralized; angry

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Definitions:

MC

Refers to Marginal Cost, the extra cost incurred from producing one more unit of a good or service.

Profit-Maximizing

Profit-Maximizing refers to the point at which a firm achieves the highest possible profit through the manipulation of production or pricing strategies.

MR = MC

A condition in economics where marginal revenue equals marginal cost, often considered the point of profit maximization for firms in perfectly competitive markets.

Short Run

A period in which at least one factor of production is fixed, limiting the ability of firms to adjust to market changes.