Which of the Following Statements Regarding Migration and Settlement of African

question 240

Multiple Choice

Which of the following statements regarding migration and settlement of African Americans in the United States is most accurate?

• A) In 1900, about half of African Americans lived in the South; today about 90% of them live there.
• B) In 1900, about half of African Americans lived in the South; today that figure remains the same.
• C) In 1900, more than 90% of African Americans lived in the South; today that figure remains the same.
• D) In 1900, more than 70% of African Americans lived in the South; today about one-third of them live there.
• E) In 1900, more than 90% of African Americans lived in the South; today only about half of them live there.

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Definitions:

Total Fixed Cost

The sum of all costs required to produce the first unit of a product which do not change with the volume of output.

Zero Output

A scenario in production where no goods or services are produced, often due to complete shutdown of operations.

Purely Competitive Market

An economic setting where numerous purchasers and vendors exist, offering identical products, with free entry and exit in the market.

Total Variable Cost

The overall cost that varies directly with the level of output, including expenses like labor and material costs.