The unitary households is referred so because

Question

Quizplus · Accepted Answer

The term "unitary" in unitary households refers to the assumption that an entire household makes decisions based on a single utility function, rather than individual members having their own preferences and making independent choices. Therefore, the correct option is D. A is incorrect because while there may be one person in the household, unitary households do not necessarily refer only to single-person households. B and C are also incorrect because the term "unitary" does not refer to every household being exactly the same or following a specific distribution.

The Unitary Households Is Referred So Because