Which of These Is Not a Change Brought on by Industrialization

question 42

Multiple Choice

Which of these is not a change brought on by industrialization and urbanization?

• A) a rapid increase in the number and size of cities
• B) a shift from agriculture to industrial manufacturing
• C) people changing from being consumers to being producers
• D) the need for wages to buy food and lodging

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Definitions:

MC

A term often short for Marginal Cost, which is the cost added by producing one additional unit of a product or service.

MR

Short for Marginal Revenue, which is the additional income earned by selling one more unit of a product or service.

ATC

Average Total Cost, which is the total cost of production (fixed plus variable costs) divided by the quantity of output produced.

ATC

Average Total Cost, which is the total cost of production divided by the quantity of output produced.