Explain the Two Major Factors That Cherlin Believes Explain the Decrease

question 23

Essay

Explain the two major factors that Cherlin believes explain the decrease in African American marriages and the increase in children born to unmarried mothers.

---

Definitions:

Output Level

The amount of product or service that is produced by a company or an economy at a given time.

Isoquants

Curves representing combinations of inputs which yield the same level of output in production theory, illustrating technical substitution and factor combinations.

MRTS

Marginal Rate of Technical Substitution; the rate at which one input must increase when another input decreases to keep output constant.

Labor

A term referring to the human effort, both physical and mental, used in the production of goods and services.