Which of the Following Factors Has Contributed to More People

question 23

Multiple Choice

Which of the following factors has contributed to more people in developed countries deciding to remain single?

• A) gender equality and ability to independently earn a living
• B) increased use of birth control
• C) limited selection of appropriate mates of either sex
• D) need to provide care for aging parents

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Definitions:

Occupational Safety Laws

Regulations designed to ensure safe and healthy working conditions for employees by setting and enforcing standards.

Regulatory Requirements

Rules and regulations that entities must follow, often set by government agencies, to operate legally or to enter specific markets.

Economic Profit

The difference between a firm's total revenues and its total costs, including both explicit and implicit costs.

Price-Taker Market

A price-taker market is one in which individual buyers and sellers have no control over the price of a product and must accept the prevailing market price.