Question:

1. Working within the supply and demand microeconomics framework, illustrate the conceptual equilibrium number of children in a household.
2. one of the key ingredients for productivity is to lower the population growth. continuing to work within supply and demand framework, discuss ways of lowering the equilibrium number of children in a household, be sure to consider both the supply and demand side of market for children.

the supply curve can be thought of as marginal cost of kids, the demand curve can be thought of as the marginal benefit of children.

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Solution: The downloadable solution consists of 4 pages
Deliverable: Word Document