Which of These Is TRUE of Adult Resocialization

question 79

Multiple Choice

Which of these is TRUE of adult resocialization?

• A)It rarely occurs.
• B)It happens only at workplaces and educational sites.
• C)Economic depressions and recessions can necessitate it.
• D)The older the adult,the much less likely they are to experience it.

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Definitions:

Monotonic Preferences

Preferences that are consistent in their direction; that is, if a consumer prefers bundle A to B, they will not prefer B to A under any circumstances.

Marginal Rate

Often used in context as marginal rate of substitution or marginal rate of transformation, indicating the rate at which one good can be substituted for another or one output can be exchanged for another in production without altering the overall level.

Substitution

The economic principle describing how consumers replace more expensive items with less costly alternatives.

Indifference Curves

Graphs showing different bundles of goods between which a consumer is indifferent, highlighting preferences.