A Life Calendar: Make a "Life Calendar" for Hypothetical Person

question 100

Essay

A Life Calendar: Make a "life calendar" for hypothetical person. Assume that this person lived 80 years and represent the 80 year period as a single calendar year in which he or she was born on January 1st and died on December 31st. Estimate the calendar dates on which this person reached various life milestones. For example, when did he or she take their first step? Speak their first word? Start elementary school? Finish high school? When did he or she retire? Does your life calendar for this particular person give any insight into human lives in general?

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Definitions:

Substitutes

Goods or services that can be used in place of each other where the presence of one reduces the demand for the other.

Supply

The total amount of a product or service that is available to consumers in the market at current prices.

Quantity

Quantity refers to the amount or number of a material or immaterial good or service, often considered in terms of units or pieces.

Key Input

A crucial factor or resource required for the production process in an industry or manufacturing, significantly impacting the output.