Which of the Following Demographic Trends Is Likely the Most

question 125

Multiple Choice

Which of the following demographic trends is likely the most responsible for the increasing number of people who telecommute?

• A)the migration toward urban and suburban areas
• B)the move from rural to metropolitan areas
• C)the increasing number of nontraditional households
• D)the growing percentage of married couples who do not have children
• E)the declining number of manufacturing workers

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Definitions:

Revenue

The income generated from normal business operations and includes discounts and deductions for returned merchandise.

Consumer Sovereignty

The principle that the consumer's preferences determine the production of goods and services within an economy.

Market System

An economic system where decisions regarding investment, production, and distribution are guided by the forces of supply and demand and prices mediate transactions.

Production Decisions

The process of determining what goods or services to produce, how much, and by what method.