False. Family does not perpetuate social inequality in the structural-functional approach. This is because this theory believes that all human interactions are related to how society functions. How a person's specific inclinations are based on values and morals he/she has shared bonds with in his immediate circle.
1. Typically you would have higher prices because if you don't have to compete with another person to sell more product you can have the price super high and as the only person selling you can sell for as much as you want