The goal of an unbalanced economic development strategy is to create
a. a political revolution or change that sparks economic development
b. labor unions in nonunionized markets that unbalances those markets
c. more government jobs for workers in the modern sector
d. high profit in the private sector and low profit in the government sector
e. forward and backward linkages that provide mutually sustaining markets
E
Economics
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What is the most common type of business?
A) partnership B) corporation C) sole proprietorship D) They are equally represented because of federal laws.
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When a firm hires an additional unit of labor, the increase in a firm's total revenues is known as the marginal:
a. cost. b. product. c. utility product. d. revenue product.
Economics