question 55

Essay

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A)Microeconomic theories of fertility explain that the number of children that a couple have is balanced against the opportunity cost of raising children: the foregone wages of the mother,the other goods that the couple could have bought with their money,the time cost of raising children,the total resources of the parents,etc.Draw indifference curves for a couple who prefer a smaller number of children to a higher number.

• A)Microeconomic theories of fertility explain that the number of children that a couple have is balanced against the opportunity cost of raising children: the foregone wages of the mother,the other goods that the couple could have bought with their money,the time cost of raising children,the total resources of the parents,etc.Draw indifference curves for a couple who prefer a smaller number of children to a higher number.

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Definitions:

Parental Stock

The breeding animals or plants used in agriculture or aquaculture, from which offspring are produced for specific qualities or production purposes.

Sympatric Speciation

The process where new species evolve from a single ancestral species while inhabiting the same geographic region.

Separate Identities

The concept of distinguishing or individualizing characteristics that make a person, group, or entity distinct from others.

Reproductive Isolation

A collection of mechanisms, behaviors, and physiological processes that prevent the members of two different species that cross or mate from producing offspring, or ensure any offspring are sterile.