Suggest Two or Three Factors Accounting for the Increased Rate

question 50

Essay

Suggest two or three factors accounting for the increased rate of divorce in the U.S.over the past 40 years.

Apply scientific notation for representation and calculation involving very large or very small numbers.

Calculate the sum and difference of polynomials accurately.

Understand and utilize the concept of zero exponent and the simplification of expressions accordingly.

Understand the tax advantages of different forms of business and investment income.

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Definitions:

Benefits To Consumers

The advantages or improvements in welfare, service, or product quality experienced by consumers.

Cost To Suppliers

The total expenses incurred by suppliers in the process of producing and selling goods or services.

Externality

A consequence of an economic activity experienced by unrelated third parties; it can be either positive or negative.

Market Failure

Situations where the allocation of goods and services by a free market is not efficient, often requiring government intervention.