The Crash of 1929 and the Availability of Home Radios

question 6

Multiple Choice

The Crash of 1929 and the availability of home radios led to which of the following?

• A) fewer music readers in America
• B) a decrease in the popularity of Broadway musicals
• C) the creation of the burlesque
• D) an increase in the number of vaudeville shows

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Definitions:

Marginal Product

The additional output resulting from the use of one more unit of a factor of production, holding other factors constant.

Factor Demand

The demand for productive resources (like labor, land, and capital) that businesses need to produce goods and services.

Marginal Product

The extra output produced by using an additional unit of a particular production factor, while holding other factors steady.

Candy Bars

Confectionery items that consist of chocolate and other sweet ingredients, often with a filling or coating.