Which of the following countries would find it easiest to achieve rapid growth in per capita GDP?

In the classical theory of growth, what is the final outcome of an increase in growth and labor productivity?

What will be an ideal response?

A profit-maximizing monopolist never produces along the __________ portion of the demand curve because marginal revenue is __________ there

a. elastic; positive b. elastic; negative c. inelastic; negative d. inelastic; positive e. inelastic; zero