Using an indifference map, explain why U.S. parents with two children both of the same sex are

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Using an indifference map, explain why U.S. parents with two children both of the same sex are more likely to go for a third child than are parents with one child of each gender.

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Microeconomics Theory and Applications

ISBN: 978-1118758878

12th edition

Authors: Edgar K. Browning, Mark A. Zupan

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Question Posted: Nov 14, 2014 08:22 AM

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Using an indifference map, explain why U.S. parents with two children both of the same sex are

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Diminishing MRS says that as you have proportionately more of one good the less y...View the full answer

Microeconomics Theory and Applications

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