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You and Your Roommate Are Having a Discussion of the "Westernization

question 135

Multiple Choice

You and your roommate are having a discussion of the "Westernization" of many developing countries.You are concerned about the ill effects of some of Western culture.In terms of the healthy weight of children in developing countries,why would you be concerned about the potential changes in their diets that can come with Westernization? Children in developing countries ____.


Definitions:

Short Run

A period in economic theory during which at least one factor of production is fixed, limiting the capacity to adjust to changes in market demand.

Elastic

Describes a situation where the quantity demanded or supplied of a good is sensitive to changes in price.

Short Run

A period in economics during which the quantity of at least one input (such as plant size) is fixed and cannot be changed.

Long Run

A period in economics sufficient for all markets to adjust to equilibrium, including the adjustment of all production factors and prices of inputs.

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