One of the Most Dramatic Changes in Family Structure Is

question 15

Multiple Choice

One of the most dramatic changes in family structure is cohabitation. Which of the following are cited as reasons for cohabitation? Select all that apply.

• A) Cohabitants would marry but do not for economic reasons
• B) The cohabitants are seeking a more equalitarian relationship
• C) Resources such as food stamps and budget management can be shared.
• D) The cohabitants are using cohabitation as a trial period to assess whether to marry.

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Definitions:

Unit Variable Expenses

Costs that vary directly with the volume of production or sales per unit.

Fixed Expenses

Costs that do not change with the level of production or sales volume, such as rent and salaries.

Variable Expenses

Expenses that vary directly with the level of production or sales volume, such as raw materials and direct labor costs.

Net Income

The profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.