Why Are Positive Stereotypes a Mixed Blessing to Groups to Which

question 40

Multiple Choice

Why are positive stereotypes a mixed blessing to groups to which they are applied?

• A) They encourage members of the group to be themselves
• B) They justify more negative stereotypes
• C) They lead to development in minority communities
• D) They free minorities from stereotypical expectations

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Definitions:

Variable Cost Method

A cost accounting method that only applies variable costs to inventory, excluding fixed costs from cost of goods sold calculations.

Markup

Markup refers to the difference between the cost of a good or service and its selling price, expressed as a percentage over the cost.

Cost-Plus Approach

A pricing strategy where a fixed percentage or a fixed amount is added to the cost of producing a product to determine its selling price.

Markup

The amount added to the cost price of goods to cover overhead and profit.