This topic contains a solution. Click here to go to the answer

Author Question: Refer to Figure 7-1. Marginal private benefit is represented by which curve? A) D2 B) Supply C) ... (Read 102 times)

student77

  • Hero Member
  • *****
  • Posts: 567
Refer to Figure 7-1. Marginal private benefit is represented by which curve?
 
  A) D2
  B) Supply
  C) D1
  D) All of the above represent marginal private benefit.

Question 2

Explain why growth is not necessarily synonymous with development.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

blazinlyss

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

C

Answer to Question 2

Growth is not necessarily synonymous with development because it may be difficult to transform growing output into economic benefits that reach most of a nation's people. Growth measures changes in income, whereas development measures the increase in the well-being of a nation's citizens. Economic development covers factors such as health and education.




student77

  • Member
  • Posts: 567
Reply 2 on: Jun 29, 2018
Excellent


mjenn52

  • Member
  • Posts: 351
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

For a complete list of videos, visit our video library