Which Statement Best Reflects the Principle of Assortative Mating

question 162

Multiple Choice

Which statement best reflects the principle of assortative mating?

• A)Opposites attract.
• B)Love the one you're with.
• C)Birds of a feather flock together. ​
• D)You can't teach an old dog new tricks.

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Definitions:

Income Elasticity

measures how much the quantity demanded of a good changes in response to a change in consumers' income.

Midpoint Method

A technique used in economics to calculate the percentage change between two values, averaging the initial and final values to estimate elasticity.

Normal Good

A good for which demand increases as the income of the consumer increases, holding all else constant.

Production Capacity

The maximum output that a business can produce in a given period under normal conditions.