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Imagine that you have just become the proud parent of a newborn baby. Everything has gone perfectly until the nurse-midwife and pediatrician tell you that the baby's genitals are unusual: They have some characteristics of females and some of males. Would this child be stigmatized and disadvantaged? How? Consider what you and your partner would do and why.
Budget Proportion
The allocation of financial resources among various categories or items in a budget.
Necessity
A good or service that is essential for living and is deemed indispensable.
Few Substitutes
A market condition where there are limited alternative products or services available to consumers, often leading to higher prices.
Price-Elastic
A descriptor for goods or services whose demand significantly changes with a change in price.
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