The Three Waves of Suburbanization Occurred in Which of the Following

question 28

Multiple Choice

The three waves of suburbanization occurred in which of the following orders?

• A) automobiles facilitating development of outlying areas, followed by exit ramp economies, followed by retail locating in outlying areas
• B) automobiles facilitating development of outlying areas, followed by retail locating in outlying areas, followed by exit ramp economies
• C) exit ramp economies, followed by automobiles facilitating development of outlying areas, followed by retail locating in outlying areas
• D) retail locating in outlying areas, followed by exit ramp economies, followed by people moving out to retail areas

---

Definitions:

Mixed Cost

Expenses that have both fixed and variable components, changing with the level of activity but not directly proportional.

Variable Costs

are expenses that change in proportion to the activity of a business, such as the cost of raw materials used in production.

Differential Costs

The difference in total cost that will result from selecting one alternative over another.

Fixed Costs

Fixed costs include payments like rent, salaries, and insurance that are unaffected by variations in production or sales volumes.