Your Text Cites All of the Following Factors to Explain

question 33

Multiple Choice

Your text cites all of the following factors to explain intergenerational poverty EXCEPT

• A)the movement of well-paid jobs out of urban areas.
• B)decline in the availability of marriageable males able to support a family.
• C)relative lack of family and educational values among inner-city mothers.
• D)increase in out-of-wedlock births

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Definitions:

Entry

The act of entering or joining a particular market or area of business, often considered in terms of barriers that might exist to hinder new competitors.

Input Prices

Input prices refer to the costs associated with the purchase of the raw materials, labor, and other inputs required for the production of goods or services.

Marginal Cost Curve

A visual diagram indicating the variation in the expense of manufacturing an additional unit of a product as its production levels rise.

AVC

Stands for Average Variable Cost, which is the total variable cost per unit of output.