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The Five Things That Every That Every Parent Should Understand

question 3

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The five things that every that every parent should understand before leaving an initial meeting with you, as a counselor intending to provide CCPT for her child include:


Definitions:

Marginal Utility

The additional satisfaction or benefit received by consuming one more unit of a good or service.

Money Income

The total amount of monetary earnings received by an individual or household before any deductions like taxes or social security contributions.

Units

Fundamental quantities used to measure, count, or quantify objects or events.

Diminishing Marginal Utility

See Law of Diminishing Marginal Utility.

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