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An Analysis of "Virginity Pledges" That Encourage Adolescents to Promise

question 18

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An analysis of "virginity pledges" that encourage adolescents to promise to abstain from premarital sex has found that


Definitions:

Marginal Cost

The cost implicated in generating an added unit of a product or service.

Efficient Allocation

The distribution of resources in a way that maximizes the net benefit received by an economy.

Allocative Efficiency

A state of the economy where resources are apportioned in a way that maximizes the overall benefit to society.

Productive Efficiency

A state where an economy or entity cannot produce more of one good without producing less of another, utilizing all resources in the best possible way without waste.

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