Related to the Economics in Practice on Page 25: Which

question 96

Multiple Choice

Related to the Economics in Practice on page 25: Which one of the following occurs when an individual enters the paid work force?

• A) The opportunity cost of time for housework increases, because time spent on housework could be spent on money-earning activities.
• B) The opportunity cost of time for housework increases, because money earned at a job can allow individuals to pay someone to do household chores that the individuals used to do themselves.
• C) The opportunity cost of time for housework decreases, because increased earning power makes individuals less likely to do their own housework.
• D) The opportunity cost of time for housework decreases, because as more people enter the work force, businesses have greater incentives to develop innovations that make housework more efficient.

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Definitions:

Polar Covalent

A type of chemical bond where electrons are unevenly distributed, resulting in a partial positive and negative charge on different atoms.

Nonpolar Covalent

A type of chemical bond where two atoms share a pair of electrons equally, resulting in no charge separation.

Lewis Structure

A graphical representation of the valence shell electrons in molecules or ions, showing how electrons are shared between atoms to form bonds.

Condensed Formula

A representation of a chemical substance that shows the elements present and their proportions but without the structural details.