Investment in education in the HPAE was ________ in ________
A) low; primary schools
B) high; primary schools
C) low; primary and secondary schools
D) high; primary and secondary schools
E) high; university education
D
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Which one of the following is an example of demand-side water management?
a. Expanded development of groundwater aquifers b. Desalination c. Building large dams d. Increasing water prices e. Building small dams
When considering setting the transfer price at the market price of a product similar to the intermediate good that is already available on the market
a. It is appropriate to ignore that the market price includes a margin above marginal cost b. It is OK if the product on the market includes costly features your downstream division does not use c. It is OK if the product on the market is inexpensive because its quality is lower than you use d. If it is similar enough, it calls into question whether there are gains from producing it in-house