The Two Ethnic Groups with Highest Dropout Rates in the United

question 16

Multiple Choice

The two ethnic groups with highest dropout rates in the United States are

• A) African American and Hispanic.
• B) Native American and Hispanic.
• C) Asian American and Native American.
• D) Hispanic and Pacific Islander.

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Definitions:

Labor

Describes the use of human physical and mental capabilities in creating products and services.

Average-Variable-Cost Curve

The average-variable-cost curve graphs the unit variable cost against the level of output, typically showing a U-shaped curve due to economies and diseconomies of scale.

Variable Cost

Costs that change in proportion to the level of goods or services that a business produces.

Marginal Product

The additional output that is generated by employing one more unit of a specific factor of production while holding other factors constant.