In the Last Few Decades,all of the Following Changes Have

question 93

Multiple Choice

In the last few decades,all of the following changes have occurred in the U.S.workforce except:

• A)more people are willing to sacrifice health and happiness to the demands of hectic work schedules and the opportunity to earn more money.
• B)the number of women has increased significantly.
• C)it has become more diverse.
• D)people place more importance on balancing work lives with the rest of their lives.

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Definitions:

Marginal Rate

Often referred to in the context of taxes or production, indicating the rate of increase or the additional cost or benefit of producing one more unit of a good.

Technical Substitution

The process of replacing one input or factor of production with another to maintain the same level of output.

Marginal Product

The additional output that results from adding one more unit of a specific input, keeping all other inputs constant.

Slope

In mathematics and economics, it represents the rate at which one variable changes over the change in another variable, often depicted in graph form.