Total Marriages Are

question 69

Multiple Choice

Total marriages are

• A)a common form of marriage in which couples have a practical and utilitarian relationship.
• B)those in which intensely bound couples share all aspects of their lives.
• C)very intense in the early years of marriage but deteriorate over time.
• D)at high risk for divorce.

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Definitions:

Subsidy

A financial contribution provided by the government to support or promote a particular economic activity or sector.

Elastic Demand

A market condition where the demand for a product changes significantly in response to changes in price.

Inelastic Supply

Refers to a market scenario where the quantity supplied does not change significantly when the price of the product changes.