In Canada,being a New Immigrant or Aboriginal Person _____ Socio-Economic

question 16

Multiple Choice

In Canada,being a new immigrant or Aboriginal person _____ socio-economic status.

• A)has no relationship to
• B)is associated with higher
• C)is associated with lower
• D)leads individuals to strive for and achieve a higher

---

Definitions:

Marginal Revenue Product

The additional income generated from using one more unit of a resource, used in economics to determine the optimal level of resource employment.

Profit-maximizing

A business strategy aimed at achieving the highest possible profit through adjusting production levels, pricing, or other operational methods.

Marginal Revenue Product

The increased earnings resulting from the utilization of one more production factor unit.

Profit-maximizing

The process of adjusting the production and sale of goods and services to achieve the highest possible profit.