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.
Correct Answer:
Verified
Q2: Households act as demanders when they demand
A)that
Q3: Households act as suppliers when they provide
A)goods
Q4: The term "utility" means
A)satisfaction
B)a low-valued good
C)productivity
D)adaptability
E)efficiency
Q5: If the real wage decreases, the opportunity
Q6: The statement "Households maximize utility" means that
Q8: The objective of the household is to
A)maximize
Q9: Roxanne and Eileen live in an apartment
Q10: Which of the four types of economic
Q11: Economists generally assume that
A)firms act to maximize
Q12: As the real wage increases, the opportunity
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