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Author Question: Explain carefully the opportunity costs of a mother's time, what may lead these to change over time, ... (Read 290 times)

sc00by25

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Explain carefully the opportunity costs of a mother's time, what may lead these to change over time, and what effects these changes have on family decisions.
 
  What will be an ideal response?

Question 2

Development economics must have a scope wider than traditional economics because
 
  a. values and attitudes play little role in the pace of development.
  b. people in developing societies do less utility-maximizing.
  c. transformation of social institutions is necessary for development.
  d. all of the above.



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macagnavarro

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Answer to Question 1

An increase in earning opportunities outside the home may lead the family to substitute child quality and consumption of other goods and services for quantity of children.

Answer to Question 2

C





 

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