There Has Been an Increase in the Number of Homosexuals

question 74

Multiple Choice

There has been an increase in the number of homosexuals opting to have children in the context of their gay relationships.Preliminary evidence suggests that

• A)their children tend to become homosexuals.
• B)their children show signs of being maladjusted.
• C)gay parents are similar to their heterosexual counterparts.
• D)lesbian mothers exhibit less maternal behavior than heterosexual mothers.

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Definitions:

Substitution Effect

The economic principle that as the price of a good increases, consumers will replace it with cheaper alternatives, whereas if the price decreases, the good will become more preferable.

Output Effect

The effect that changes in the price level have on production due to the incentive for producers to increase supply when the price is higher.

Profit-maximizing

The method a company uses to identify the pricing and production volume that maximizes profit.

Marginal Product

The additional output that is produced by using one more unit of a factor of production, all else held constant.