All of the Following Are Individual Explanations of Poverty Except

question 15

Multiple Choice

All of the following are individual explanations of poverty except:

• A)people are poor because of inferior genetic quality.
• B)people cannot develop the knowledge,skills and values to compete because of social factors.
• C)people suffer from psychological problems that inhibit their ability to compete.
• D)people don't develop the skills they need to compete.

Identify the evidence supporting the theory of natural selection in specific animal examples.

Describe the fundamental mechanisms of evolution, including the role of DNA in evolutionary changes.

Distinguish between the relationships of various primates to humans based on genetic data.

Explain the universality of the genetic code and its implications for the common ancestry of life.

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Definitions:

Supply S1

Denotes a point or level of supply within a market for a specific good or service.

Equilibrium Wage

The wage rate at which the quantity of labor demanded equals the quantity of labor supplied; the market wage rate at which the labor market clears.

Labor Demand

The total amount of workers that employers are willing and able to hire at a given wage level in a certain time period.

Labor Supply

The total hours that workers wish to work at a given wage rate, representing the availability of labor for production.