Approximately How Many People in the United States Are Now

question 97

Multiple Choice

Approximately how many people in the United States are now part of two-career families?

• A) 2 million
• B) 8 million
• C) 21 million
• D) 60 million
• E) 85 million

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Definitions:

Marginal Cost (MC)

The increase or decrease in the total cost that arises when the quantity produced changes by one unit.

Production Level

The quantity of goods or services produced by a business, factory, or industry over a specific period.

Marginal Revenue

The extra revenue obtained through the sale of an additional unit of a product or service.

Producing Unit

A division or component of a business that is responsible for the creation of specific products or services.