Which of the Following Describes the Most Significant Demographic Trend

question 57

Multiple Choice

Which of the following describes the most significant demographic trend facing the U.S.workforce?

• A) decreasing number of contingent workers
• B) increasing number of blue-collar workers
• C) decreasing number of bilingual workers
• D) increasing number of older workers

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Definitions:

Collude

To come to a secret understanding for a harmful purpose; often refers to competitors agreeing on prices or market shares to gain an advantage.

Annual Fixed Cost

Regular expenses incurred by a business or individual that do not vary with production level or output within a year.

Marginal Cost Curve

A graphical representation showing the change in total cost that comes with producing one more unit of an item.

Marginal Revenue Curve

A graph showing how marginal revenue varies as output quantity changes, important for understanding profit maximization.