Statistics Canada Has Recently Found That Differences in Household Access

question 3

Multiple Choice

Statistics Canada has recently found that differences in household access to the Internet is best explained by education level of household head and _____________.

• A)age of household head
• B)number of children in the home
• C)Blishen score of female parent
• D)ages of children

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Definitions:

Short Run

A period of time in economics during which at least one input, like plant size, is fixed and cannot be changed.

Production Costs

The total expenses incurred in the process of producing or manufacturing goods or services.

Inputs

Resources such as raw materials, labor, and capital used in the production process to create goods or services.

Total Fixed Costs

The total of all expenses that do not change, irrespective of the amount of production or the level of business operations.