When Two or More Racial or Ethnic Groups Occupy an Area

question 42

Multiple Choice

When two or more racial or ethnic groups occupy an area and each have their own culture and their own separate sets of social institutions and primary group relationships it is called:

• A) Pluralism
• B) Assimilation
• C) Separatism
• D) Amalgamation

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Definitions:

Fixed Expenses

Costs that remain constant for a set period and do not vary with changes in activity level, production volume, or sales, such as lease payments and utility bills. This is a rephrased definition of Fixed Costs.

Profit

The financial gain achieved when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Contribution Margin

The difference between sales revenue and variable costs, serving as a measure to assess the profitability of products or services.

Fixed Expenses

Costs that do not change with the level of production or sales, such as rent, insurance, and salaries.