According to Statistics Canada, Roughly What Portion of Canadians Will

question 127

Multiple Choice

According to Statistics Canada, roughly what portion of Canadians will belong to a group that classifies itself as a visible minority by 2031?

• A) 21-24%
• B) 29 - 32%
• C) 35 - 39%
• D) 16 - 19%

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Definitions:

Marginal Revenue

The extra revenue generated by the sale of an additional unit of a good or service.

Marginal Cost

The additional cost incurred from producing one more unit of a good or service.

Hats

Articles of clothing worn on the head, often for fashion, protection against weather conditions, or as part of a uniform.

Quantity Effect

The effect on overall consumption when a change in price leads to a change in the quantity demanded.