Homework Answers
Increase in number of working mothers will increase the demand for child care services.
Note: if there is fall in price of a good then there will in rise in demand for that good, this is known as an increase in quantity demanded
And, if there is a rise in demand for a good due to other factor apart from a fall in price, then this will known as an increase in demand.
Since, the demand for child care services has increased due to the increase in number of working mothers, not from a fall in price of child care service. So this increase in demand for chid care service will consider as an increase in demand for child care service.
So, the correct answer is an option (z) i.e., an increase in demand.
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Refer to Figure 5-5. The data in the diagram indicates that
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