When Jorge First Moved to Chicago from His Small,rural Town

question 2

Multiple Choice

When Jorge first moved to Chicago from his small,rural town in California,he found it hard to meet new people.Back home in his small town,people often said "hello" to each other on the street,and he knew the name of most of the people who lived in his town.However,in Chicago people rarely made eye contact with him on the street.According to Louis Wirth,Jorge was experiencing:

• A)the rudeness of urban people
• B)the urban interaction problem
• C)social isolationism
• D)the racism of urban life
• E)the collective conscience

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Definitions:

Short Run

in economics, refers to a period during which at least one input, such as plant size, is fixed and cannot be changed.

Long Run

A period of time in economics where all factors of production and costs are variable, allowing for complete adjustment to changes in market conditions.

Fixed Resource

An asset or input whose quantity cannot be altered in the short run for the production of goods and services.

Explicit Costs

Direct, out-of-pocket payments for inputs or resources used by a business, easily identifiable and recorded.