In a Family Where Both Parents Work, Which of the Following

question 10

Multiple Choice

In a family where both parents work, which of the following may be helpful to accommodate the parents' needs?

• A) Childcare
• B) Flexible work schedule
• C) Home-based employment
• D) Maternity or paternity leaves
• E) All of these

---

Definitions:

Profit-Maximizing

A strategy or approach aimed at achieving the highest possible profit from business operations.

Short-Run Equilibrium

A state in which market supply and demand balance out at a particular price level, resulting in an unchanging economic situation.

Monopolistically Competitive Industry

A commercial arrangement where a large number of businesses market products that are comparable but not the same, providing them with a certain amount of influence in the marketplace.

Monopolistically Competitive Firm

A company operating in a monopolistically competitive market, distinguishing itself through product differentiation and facing a downward sloping demand curve.