Which of the following is one of the chief reasons for the increased number of married women in the U.S. work force?
a. The marginal cost of working in the labor force has increased.
b. Jobs provide greater independence and self-worth.
c. The opportunity cost of household work has increased.
d. The sunk cost of household appliances has risen to the point that women must work to make payments on them.
e. Women spend more time in the market as a result of the increasing division of labor in household production.
C
You might also like to view...
A fall in the price of lemons from $10.50 to $9.50 per bushel increases the quantity demanded from 19,200 to 20,800 bushels. The price elasticity of demand is
A) 0.80. B) 1.20. C) 1.25. D) 8.00.
Labor unions create a rent when they succeed. This rent forces employers or management to return some of their profits to unionized workers in the form of improved working conditions, health benefits or increased wages
Indicate whether the statement is true or false
In this graph for negative externalities in production, what is true at Q1?
a. The firm would be better off if production was lowered.
b. Society would be better off if production was lowered.
c. Marginal benefits are greater than marginal costs.
d. Marginal benefits are less than marginal costs.
The U.S. Customs Service is a main source of data for:
A. C B. I g C. G D. X