Which of the following is not a rationale for development planning?
(a) capital market failures.
(b) rent seeking behavior.
(c) attitudinal or psychological impact.
(d) all are rationales for development planning in developing countries.
Question 2
Which of the following problems does not affect small firms:
a. scarcity of appropriately-skilled workers
b. consumer preference for imported products
c. adapting modern technology consistent with the scale of output
d. government officials' preference for larger firms
e. all of the of the above are problems for small firms