The Emergence of Dating Began in the 19th and Early

question 52

Multiple Choice

The emergence of dating began in the 19th and early 20th century, and was related to several social changes. Which is NOT one of them?

• A)Urbanization provided jobs, disposable income, and places to socialize.
• B)Women got the vote, which increased their political power.
• C)Automobiles provided transportation and a place for intimacy.
• D)A new period of time between childhood and adulthood was recognized-adolescence.
• E)The focus shifted from the family to the peer group.

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Definitions:

Price Elasticity of Demand

A measure of the sensitivity of quantity demanded to a change in price, indicating how much the quantity demanded of a good will change when its price changes.

Market Power

The ability of a company or group of companies to manipulate or control prices and total market output.

Oligopolistic

Pertaining to a market structure characterized by a small number of firms whose actions and policies can significantly impact the entire market.

Perfect Competition

A market structure characterized by many buyers and sellers, homogeneous products, free entry and exit, and full information.