Economics Question 3 Not yet Parents face a quality-quantity interaction or trade-off in the answered 1960 "Quantity-Quality" model by Gary Becker, as choosing Marked out of 1.00 more quality per child negatively affects the price of child quan- Flag question tity (number of children), and vice versa. Select one: O True O False Question 4 Not yet Assume twin births are predominantly a result of costly in vitro answered fertilization and that richer/more educated parents get twins Marked out of 1.00 more often. If the use of in vitro fertilization is correlated with Flag question parental preferences for child education, i.e. child quality, then twin births are not a suitable instrument to investigate the quantity- quality tradeoff. Select one: O True O False give answers in 15 mins i will thumb up thanks