Why Is the Word "Mama" Used So Universally

question 229

Multiple Choice

Why is the word "Mama" used so universally?

• A) "Muh" is one of the first sounds uttered by infants.
• B) Most languages developed from a similar ancient language.
• C) "Muh" is the only sound that infants can utter until they are about a year old.
• D) A natural adult response to an infant is to utter "muh" and infants imitate it.

Recognize how equilibrium wage is determined in perfectly competitive labor markets.

Understand the role of human capital in determining wage disparities.

Analyze how changes in product demand affect a firm’s labor demand.

Recognize leisure as a normal good and its relationship with income.

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Definitions:

Opportunity Costs

The cost of foregone alternatives when a decision is made, representing the benefits an individual, investor, or business misses out on when choosing one alternative over another.

Economic Value Added

A measure of a company’s financial performance that calculates the value created beyond the required return of the company’s shareholders.

Dollar Value

Dollar Value is the monetary worth or market value of something expressed in terms of US dollars.

Current Ratio

Current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year.