Why have China and India received so much international attention and investment?
What will be an ideal response?
The potential future market size in China and India is huge, even if only a small percentage of people make it into the middle class.
Economics
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If a resource has a perfectly elastic supply curve then its income is termed as:
a. economic rent. b. rental rate of capital. c. rental income. d. annuity. e. transfer earnings.
Economics
Total costs never decrease as output increases
Indicate whether the statement is true or false
Economics