Statistics show that the ________ a country is, the ________ is the share of agricultural output in its total output.
A. more developed; larger
B. more developed; smaller
C. more populated; smaller
D. less populated; smaller
Answer: B
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In the figure above, if no one owns the lake, at the equilibrium quantity what is the marginal social cost of producing the pesticide?
A) $80 B) $40 C) $60 D) $30
Explain why some small start-up companies choose not to pay dividends even though they make very large profits. Why might investors still be happy with this arrangement?
What will be an ideal response?
When pricing is used to limit entry, it is often described as
A) effective. B) predatory. C) exclusive. D) aggressive.
It is easier to transfer capital from one country to another using foreign direct investment than to use international portfolio investment.
Answer the following statement true (T) or false (F)