Compared with industrialized economies, most developing countries are poor in the factors of production essential to modern industry: These factors are

A) capital and skilled labor.
B) capital and unskilled labor.
C) fertile land and unskilled labor.
D) fertile land and skilled labor.
E) water and capital.


A

Economics

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A) interest cost > basic surplus. B) interest cost < basic surplus. C) interest cost > positive total deficit. D) interest cost < positive total deficit.

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In the above figure, suppose the monopolist is producing at Q3. The firm should

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