Which of the Following Factors Contribute Most Substantially to Demographic

question 17

Multiple Choice

Which of the following factors contribute most substantially to demographic shifts in the U.S. population?

• A)Increased self-identification to minority groups
• B)Lower mortality rates among minorities
• C)Increased immigration and birthrate
• D)Changing labor demographics

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Definitions:

Profit-Maximizing

The process by which a firm adjusts its production and sale to achieve the highest possible profit.

Short-Run

A period during which at least one input in the production process is fixed, affecting the firm's ability to adjust to changes in demand.

Average Total Costs

dividing the total production costs by the quantity of produced units gives the cost for each unit.

Short Run

A period in which at least one factor of production is fixed, limiting the ability of a business to fully adjust to changes in market conditions.