Effect on the marketplace

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Reference no: EM138870

Q. Illustrate the effect on the marketplace for a hr. of babysitting services 30 yrs into the future when children born today, throughout this increased birthrate will be adults and are likely to be having children of their own? Clarify the change if any in the price of babysitting, and in both the amount of babysitting demanded and supplied, giving your reasons for these changes.

Reference no: EM138870

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