Which Statement Best Reflects the Principle of Assortive Mating

question 70

Multiple Choice

Which statement best reflects the principle of assortive 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:

Perfect Competitor

An ideal market condition where numerous small firms compete against each other, and goods are sold at their marginal cost.

Long Run

A period in economic theory where all factors of production and costs are variable, allowing companies to adjust to market conditions fully.

Perfect Competitor

A theoretical market structure where many firms sell an identical product, entry and exit from the market are easy, and no single seller can influence the market price.

Long Run

A period of time in which all factors of production and costs are variable, and companies can adjust all inputs.