Which of the Following Is a Major Reason for the Decrease

question 5

Multiple Choice

Which of the following is a major reason for the decrease in abortion rates?

• A) Passing of rules that legalize the age for sexual relations
• B) Increasing religious inclination of people
• C) Greater access to emergency contraception
• D) Changing views of the youth on sex and raising children
• E) Government's declaration of increasing child welfare benefits

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Definitions:

Marginal Cost

The rise in expense associated with manufacturing an extra unit of a product or service.

Shut Down

A short-term decision by a company to cease operations temporarily due to unfavorable market conditions or to minimize losses when variable costs exceed total revenues.

Maximizes Profit

The strategy or process implemented to increase the difference between total revenue and total costs to the highest possible amount.

Marginal Revenue

Income gained by selling an additional unit of a product or service.