Which of the Following Is a Key Finding of Edin

question 10

Multiple Choice

Which of the following is a key finding of Edin, Shaefer, and Talbert's research?

• A) Most incidents of $2-a-day poverty are concentrated among children experiencing such spells episodically.
• B) In-kind assistance has a more positive effect on $2-a-day poverty households than cash assistance.
• C) The rise in $2-a-day poverty households in the United States is directly related to increased use of TANF benefits.
• D) The majority of children who live in $2-a-day poverty households have at least one parent working.

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Definitions:

Competitive Firm

A company that operates in a market where it has to price its goods or services according to market conditions due to the presence of many competitors.

Negative Economic Profit

A situation where a firm's total revenues are less than the sum of its explicit and implicit costs, indicating a loss in economic terms.

Perfectly Competitive

A market structure where many firms offer products that are similar and entry and exit from the market are easy, leading to price being determined by supply and demand.

AVC

Average Variable Cost, calculated by dividing total variable costs by the quantity of output produced.