In 1972, Congress Passed Title IX, an Amendment to the Civil

question 31

Multiple Choice

In 1972, Congress passed Title IX, an Amendment to the Civil Rights Act, which

• A)allocated federal funds for scholarships to allow women to attend college.
• B)insisted upon comparable worth policies in wage schedules for government jobs.
• C)banned discrimination on the basis of sex in any educational program receiving federal funding.
• D)required men and women to compete in the same college sports.

Differentiate between economic profits, accounting profits, and normal profits, and calculate them using explicit and implicit costs.

Comprehend the concept and implications of diminishing marginal returns in production.

Distinguish between fixed and variable inputs and understand their roles in production over different time frames.

Recognize the significance of zero economic profits and what it implies about a firm’s performance relative to its alternatives.

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Definitions:

Online

Pertaining to activities, transactions, or services carried out over the Internet or connected to being accessible or available through the internet.

Social Media

Websites and applications that enable users to create and share content or to participate in social networking.

Mobile Media

Content or advertising delivered through mobile devices, such as smartphones and tablets, often leveraging apps and mobile websites.

Diners

Casual restaurants typically serving American food, and often characterized by a unique, vintage design and atmosphere.