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In the Early Days of the Women's Movement, Some Feminists

question 76

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In the early days of the women's movement, some feminists regarded alimony as a:


Definitions:

Opportunity Cost

The lost potential gain from other alternatives when one alternative is chosen.

Income Effects

The changes in an individual's or economy's income and how that changes their spending and saving behavior.

Substitution Effects

The change in consumption patterns due to a change in the relative prices of goods.

Normal Goods

Goods for which demand goes up when income is higher and for which demand goes down when income is lower.

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