Martin Luther king,s status was based on his_____________?
Correct answer: C. social influence
- A. wealth
- B. property
- C. social influence
- D. color
Explanation
Martin Luther King Jr. gained status mainly through social influence as a civil-rights leader, not through wealth, property, or racial identity. His influence allowed him to mobilize public opinion and social action.
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Individual consumers, firms and markets are examined through demand and supply, elasticity, consumer choice, production, costs, revenue and the determination of prices and output. The topic also covers market structures such as perfect competition, monopoly and oligopoly, plus market failure, externalities and the distinction between microeconomic decisions and economy-wide outcomes.
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