Some People Choose to Stay Single Because They

question 7

Multiple Choice

Some people choose to stay single because they

• A) Enjoy the single lifestyle
• B) Consider marriage incompatible with their careers
• C) Like to be alone
• D) All of the above

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Definitions:

Producing

The process of creating goods or services through the combination of labor, materials, and technology.

Scale

In economics, scale refers to the level at which a business or activity is operating regarding its volume of production or size.

Consumer Equilibrium

A state in which a consumer has allocated their income in a way that maximizes their utility, given their budget constraints.

Utility

In economics, a measure of satisfaction or happiness that people derive from consuming goods and services.