A Trend in Developing Countries Is That

question 17

Multiple Choice

A trend in developing countries is that

• A)the birth rate during a typical woman's lifetime has increased from three to six children
• B)attitudes toward family size are changing
• C)when women have employment opportunities outside the home, fertility rates increase
• D)as women become better educated, they earn less
• E)as women become less educated, they tend to have fewer children

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Definitions:

Total Product

The overall quantity of output that a firm produces, usually in relation to a given amount of input.

Marginal Products

The additional output that results from using one more unit of a production input, keeping all other inputs constant.

Total Product

Total Product refers to the overall quantity of output that a firm produces, usually with respect to a given quantity of inputs over a specific period of time.

Marginal Products

The additional output produced as a result of utilizing one more unit of a particular input.