Which of the Following Statements Is True of High School

question 26

Multiple Choice

Which of the following statements is true of high school dropouts?

• A) Adolescents who adopt adult roles early, such as becoming a parent at a young age, are not likely to drop out of high school.
• B) Dropouts are more likely to be employed and have high-income, stable jobs in future.
• C) Dropouts are more likely to develop delinquency, criminal behavior, and substance abuse.
• D) Adolescents from high-income households are at high risk of becoming high school dropouts.

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Definitions:

Highly Inelastic

Describes a situation where supply or demand for a product or service is relatively unresponsive to changes in price.

Unit Elasticity

A situation where a change in the price of a good or service results in a proportional change in the quantity demanded or supplied.

Income Elasticity

A measure of how much the demand for a product changes in response to a change in consumers' income.

Demand

The total quantity of a good or service that consumers are willing and able to purchase at a given price level in a given market.