All of the Following Are Reasons for an Increase in Cohabitation

question 64

Multiple Choice

All of the following are reasons for an increase in cohabitation EXCEPT:

• A) society's increased tolerance for nonmarital sexual relations.
• B) the decline in divorce makes people less wary of marriage.
• C) increasing urbanization that leads to anonymity.
• D) higher education and increasing entry of women into the workforce decreases women's dependence on marriage.

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Definitions:

Total Profit

The financial gain made by a business after subtracting all expenses, taxes, and costs from total revenues.

Profit-Maximizing

A strategy in which a firm seeks to achieve the highest possible profit from its operations, often by adjusting output or prices.

Marginal Revenue

The additional revenue that a company earns from selling one more unit of a product or service.

Marginal Revenue

The additional revenue that a company generates from selling one more unit of a good or service.