Answer:
your mom went extinct.....
The answer is<u> "a good with an elastic supply"</u>
A good or service has an elastic supply when the rate change in the amount provided surpasses the rate change in cost. By and large the supplier can react rapidly to a value change.
Elasticity of supply is estimated as the proportion of proportionate change in the amount provided to the proportionate change in cost. High elasticity demonstrates the supply is touchy to changes in costs, low elasticity shows little affectability to value changes, and no elasticity implies no association with cost. Likewise called value elasticity of supply.
Is it possible to avoid it? Yes I believe so for certain well developed countries with many resources.
For smaller, underdeveloped countries it would prove possible if population willing to go without the certain product or service. If they have never had it they won't miss it.
That question has many factors to consider.
Answer:
The one-child policy was the population control policy in force in the People's Republic of China from 1979 to 2015, whereby each couple was only allowed to have one child; having a second child was punishable. The aim of this policy was to slow down population growth.
The economic and social consequences of the Chinese one-child policy could severely limit the Chinese economy and society, partly because of the rapidly increasing aging population as a result of this policy. That is why the one-child policy was increasingly abandoned. For example, two out of three Chinese families were later allowed to have two children.
However, it had positive effects in terms of maintaining the country's natural resources, as it somewhat curbed their massive consumption.
In India, another country with 1 billion inhabitants, a two-child policy was pursued, but due to the high illiteracy, little has happened.