Tolu and Ahmed Have Been Trying to Conceive a Child

question 75

Multiple Choice

Tolu and Ahmed have been trying to conceive a child for about eight months. What advice would the authors of your book give them?

• A) They should not worry, because most couples take at least a year to conceive.
• B) Tolu should make an appointment with her physician, because infertility is usually due to a problem with the female.
• C) Ahmed should make an appointment with his physician, because infertility is usually due to a problem with the male.
• D) They should both be seen by their physicians, because either or both of them could be experiencing a problem.

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Definitions:

Elastic Demand

A demand relationship in which the percentage change in quantity demanded is larger than the percentage change in price in absolute value (a demand elasticity with an absolute value greater than 1).

Long Run

The period in which all factors of production and costs can be fully adjusted, allowing for all inputs and operations to change.

Substitutes

Goods that can serve as replacements for one another; when the price of one increases, demand for the other increases.

Elastic Demand

A situation in which the demand for a good or service is sensitive to price changes, meaning a small change in price leads to a significant change in the quantity demanded.