Since the 1970s, __________

question 89

Multiple Choice

Since the 1970s, __________.

• A) the time U.S. college students spend socializing has declined by half
• B) institutions have redefined college students as consumers
• C) grade inflation at U.S. colleges has decreased dramatically
• D) academic demands and the time U.S. college students spend studying have increased

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Definitions:

Monopolist

A single seller in a market, who has significant market power and can influence the price of goods or services.

Profits

The financial gain achieved when the revenue earned from business activities exceeds the expenses, costs, and taxes needed to sustain the activities.

Amtrak

The National Railroad Passenger Corporation, offering intercity passenger train service in the United States.

Publicly Owned

Pertains to assets, properties, or businesses that are owned and operated by governmental entities.