University of Michigan Researchers Cited in the Text Use the Term

question 55

Multiple Choice

University of Michigan researchers cited in the text use the term "_________" in noting that, as men and women are both putting in more hours of employment, the total amount of time a couple spends on housework has declined.

• A) second shift
• B) stalled revolution
• C) vanishing housework
• D) leisure world

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Definitions:

Economies Of Scale

A situation where the cost per unit of output decreases as the scale of production increases.

Unit Costs

The cost incurred by a company to produce, store, and sell one unit of a particular product or service.

Diseconomies Of Scope

A situation where the cost of producing multiple products or services together is higher than producing them separately.

Economies Of Scope

Cost advantages that enterprises obtain due to a broader scope of operations or increased production diversity.