By the End of the Third Month, the Typical Fetus

question 203

Multiple Choice

By the end of the third month, the typical fetus can be described as "three times three" because __________.

• A)it has been 3 months and the fetus weighs 3 ounces and is 3 inches long
• B)it weighs 3 pounds, is 3 inches long, and has 3 senses
• C)3 major systems have developed: brain, heart, and lungs
• D)all 3 facial features are clearly distinguishable

---

Definitions:

Consumer Surplus

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

Producer Surplus

The difference between what producers are willing to accept for a good versus what they actually receive.

Producer Surplus

The difference between what producers are willing to accept for a good versus what they actually receive, often seen as a measure of producer welfare.

Consumer Surplus

The disparity between the cost consumers are prepared to pay for a good or service and the cost they actually encounter.