Who Is Most Likely to Be a Never-Married Single Parent

question 54

Multiple Choice

Who is most likely to be a never-married single parent?

• A) Kara, who is 24 and pursuing her MBA
• B) Tasha, who is 26 and starting her career as a design assistant
• C) Adalyn, who is 22 and is in management at her family's business
• D) Corrie, who is 19 and started working as a cashier out of high school

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Definitions:

Scale of Production

The level at which a production process is operating, ranging from small to large scale based on output volume and capacity.

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale.

Average Total Cost

The total cost of production divided by the total quantity produced, indicating the per unit cost of production.

Scale of Production

The size or extent of the production operations of a firm, determining its capacity to produce goods or services.