Which of the Following Statements Is True of U

question 29

Multiple Choice

Which of the following statements is true of U.S.racial and ethnic diversity?

• A) The number of Americans who identify themselves as being of two or more races is projected to decrease.
• B) The foreign-born population in the United States is expected to shrink by 2050.
• C) By 2025, more than 70 percent of the U.S.population is projected to be white.
• D) The multiracial population in the United States is increasing.
• E) The United States is the least multicultural country in the world.

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Definitions:

Short-Run

A period during which at least one input, typically capital, is fixed, influencing the flexibility of businesses to adjust to market changes.

Marginal-Cost Curve

A graphical representation showing how the cost of producing one additional unit of a good varies as the quantity of production changes.

Additive Manufacturing

A method that involves building items by depositing material in successive layers, widely referred to as 3D printing.

Fixed Set-Up Costs

Initial costs that do not vary with the level of production or sales, such as equipment purchases or facility leases, needing to be paid before production starts.