Which of the Following Is Not a Factor Associated with a Decreased

question 70

Multiple Choice

Which of the following is not a factor associated with a decreased risk of divorce?

• A) Having a religious affiliation
• B) Marrying over 25 years of age
• C) Annual income over $90,000
• D) Having a high school education

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Definitions:

Externalities

External benefits and external costs.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning individuals cannot be effectively excluded from use, and where use by one individual does not reduce availability to others.

Consumer Surplus

The difference between the total amount consumers are willing and able to pay for a good or service and the total amount they actually pay.

Producer Surplus

The difference between the amount producers are willing to accept for a good or service and the actual price they receive.