It is important to place particular stress on the role of primary education in the development strategy because of
(a) LDC's comparative advantage from basic skills education.
(b) the law of diminishing returns.
(c) development emphasis on poverty alleviation.
(d) all of the above.
D
Economics
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If the price elasticity of demand for a product equals 1, as its price rises the
A) quantity demanded increases. B) total revenue increases. C) quantity demanded does not change. D) total revenue does not change.
Economics
Simple measures such as ________________ can help overcome the problem of using up common resources.
a. laws regulating or banning usage b. cap-and-trade emissions regulations c. private property d. explaining the tragedy of the commons
Economics