Due to Secular Trends in Biological Maturation, Over the Past

question 40

Multiple Choice

Due to secular trends in biological maturation, over the past hundred years, the average age of puberty has:

• A) Become dramatically younger
• B) Become dramatically older
• C) Become younger for females and older for males
• D) Become younger for males and older for females
• E) Stayed about the same

---

Definitions:

Consumer Surplus

The gap between the total sum consumers are ready and able to spend on a good or service versus the total sum they actually spend.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service relative to its market price, representing the economic benefit to consumers.

Demand Curve

A visual depiction that illustrates the correlation between a product's price and the amount consumers want to buy.

Consumer Surplus

The difference between the total amount that consumers are willing and able to pay for a good or service versus the total amount that they actually do pay.