Tim and Carol Are Upset Because They Recently Discovered That

question 25

Multiple Choice

Tim and Carol are upset because they recently discovered that their 13-year-old daughter has already engaged in sexual intercourse. What other characteristics is their daughter likely to have?

• A) a willingness to experiment with drugs and alcohol
• B) a weaker orientation toward independence
• C) higher levels of religious involvement
• D) average interest in academic achievement

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Definitions:

Diminishing Returns

A principle stating that as one factor of production increases while others remain fixed, there will eventually be a decrease in the incremental output gained.

Normal Rate

A standard or usual level of financial return on investment or interest on loans.

Supply

The total amount of a product or service that is available to consumers at a given price over a specific period.

Profits

The financial gain obtained when the revenues generated from business activities exceed the expenses, costs, and taxes involved in sustaining the activity.