When Young People Repeatedly Move in and Out of Their

question 35

Short Answer

When young people repeatedly move in and out of their parents' home,the situation is described as a ___________________.

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Definitions:

Optimal Level

The most favorable or desirable point or state for achieving the best outcome or maximum effectiveness.

Free Rider

Consumer or producer who does not pay for a nonexclusive good in the expectation that others will.

Vertical Summation

A method used to derive the market demand curve by adding the quantities demanded by all individuals at each price level, vertically.

Horizontal Summation

A method used to determine the total market demand or supply curve by adding individual demands or supplies at each price level, assuming they are compatible.