Between 1992 and 1999, the Employment Rate for Single Mothers

question 234

Multiple Choice

Between 1992 and 1999, the employment rate for single mothers in the United States

• A) increased by 15 percentage points.
• B) decreased by 19 percentage points.
• C) remained fairly constant.
• D) more than doubled.

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Definitions:

Four Utilities

The four types of utility are form, place, time, and ownership (possession), which collectively describe how a product or service adds value to a consumer's life.

Vending Machine

An automated machine that provides items such as snacks, beverages, and other products to consumers after money, a credit card, or a specially designed card is inserted into the machine.

Time Utility

Enhancing the value of a product or service by making it available at the most convenient time for consumers.

Place Utility

The value added to products by having them available at the place where they are needed or desired by consumers.