Which of the Following Is a Main Factor Behind U

question 29

Multiple Choice

Which of the following is a main factor behind U.S. population change?

• A) lower birth rates among new immigrants
• B) increasing rates of intermarriage
• C) a shrinking elderly population
• D) immigration, especially from Latin America and Asia

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Definitions:

Barriers to Entry

Economic, procedural, regulatory, or technological factors that obstruct or restrict the ability of new competitors to enter and compete in an industry.

Price Takers

Economic agents in a market who accept the prevailing market price as given because they have no power to influence it.

Differentiated Product

A differentiated product is one that is distinct from similar products on the market through unique features, branding, or quality, enabling companies to target specific market segments.

Perfectly Competitive

A market structure where many firms sell identical products, entry and exit are easy, and no single buyer or seller has market power.