Examlex

Solved

If a Decrease in Income Leads to an Increase in the Demand

question 10

Multiple Choice

If a decrease in income leads to an increase in the demand for sardines, then sardines are


Definitions:

Ascribed Status

A social position a person is born into or receives involuntarily, based on factors like race, ethnicity, family background, and gender.

Personal Attributes

Characteristics or features that define an individual, including traits, skills, abilities, and attitudes.

Socio-Economic Status

An assessment of a person's or household's social and economic status in comparison to that of others, determined by their income, level of education, and type of job.

Auguste Comte

Auguste Comte was a French philosopher who is considered the father of sociology and positivism, advocating for the scientific study of society to improve human condition.

Related Questions