In the agriculture sectors in the Global South, productivity tends to be ________ because farmers work with ________.

A. high; large amounts of capital
B. low; little labor
C. high; large amounts of labor
D. low; little capital


Answer: D

Economics

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What did Malthus believe would be the ultimate result of population growth?

a. technological innovation and a higher standard of living b. rapidly fluctuating economic growth c. positive per capita economic growth d. wages that were at a subsistence level

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When the price of a good falls, marginal utility per dollar spent on that good ________, prompting consumers to purchase ________ of that good.

A. rises; less B. rises; more C. falls; less D. falls; more

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A multi-plant monopolist produces more than if each of its plants were a separate firm in a competitive market.

Answer the following statement true (T) or false (F)

Economics