Most societies________________?
Correct answer: B. encourage marriage
- A. discourage marriage
- B. encourage marriage
- C. accept all kinds of man-women unions
- D. pay couples to have children
Explanation
Marriage is encouraged in most societies because it organises family life, inheritance and child-rearing. Societies do not generally accept every possible union or pay all couples to have children.
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Individual consumers, firms and markets are examined through demand and supply, elasticity, consumer choice, production, costs, revenue and the determination of prices and output. The topic also covers market structures such as perfect competition, monopoly and oligopoly, plus market failure, externalities and the distinction between microeconomic decisions and economy-wide outcomes.
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