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Asked by Alexis Bruxvoort on Jun 30, 2024

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Which of the following is one of the chief reasons for the increased number of married women in the U.S.workforce?

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 where women must work to make payments on them.
E) Women spend more time shopping as a result of the increasing division of labor in household production.

Marginal Cost

The increase or decrease in the total cost that arises when the quantity produced is incremented by one unit.

Labor Force

The total number of people who are currently employed or actively seeking employment within an economy.

Opportunity Cost

Represents the value of the best alternative that is foregone when a decision is made to pursue a certain action.

  • Recognize the factors contributing to the increased labor force participation of married women in the U.S.
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Rouheen SheikhJul 02, 2024
Final Answer :
C
Explanation :
The opportunity cost of household work has increased due to changes in social norms and technology. Women now have access to a wider range of job opportunities and are able to earn more money. As a result, the opportunity cost of spending time on household work has increased, leading more women to enter the labor force.

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