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Increased maternal age brings a heightened risk of certain difficulties, both with the pregnancy and for the child. Specifically, when the mother is pregnant after the age of 40 there is an enhanced risk of the child being born with _______________, a chromosomal disorder associated with delayed physical, cognitive and social development.
Marginal Cost
The incremental cost incurred from the production of an extra unit of a product or service.
Perfect Competition
A market structure characterized by a large number of small firms, similar products, and easy market entry and exit, leading to efficient outcomes.
Perfect Knowledge
Refers to a market condition where all participants have access to all necessary information to make informed decisions.
Perfect Competition
A market structure characterized by a large number of small firms, a homogeneous product, freedom of entry and exit, and perfect information, leading to price-taking behavior.
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