In Recent Decades, Some Politicians Have Expressed Concerns About a Declining

question 5

Multiple Choice

In recent decades, some politicians have expressed concerns about a declining work ethic among the poorest members of society. Recent research typically leads to which of the following conclusions?

• A) Poor immigrants are willing to work hard, but not poor native-born Canadians.
• B) The urban poor, but not those in rural areas, seem to have a declining work ethic.
• C) The real problem is that most poor people do not have adequate skills and training.
• D) The main problem is not enough good jobs and inadequate government policies.

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Definitions:

Contribution Margin

Contribution Margin represents the portion of sales revenue that is not consumed by variable costs and contributes to covering fixed costs.

Machine Minutes

A measurement of time expressing the operation of a machine in minutes.

Unlimited Demand

A theoretical concept where there is no upper limit to the quantity of a good or service that consumers wish to purchase, at a zero price point.

Materials Costs

The cost of raw materials used in the production of goods, a major component of the total manufacturing cost.