Author Question: What are some of the main ways in which the economies of developing countries differ from one ... (Read 80 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
What are some of the main ways in which the economies of developing countries differ from one another?
 
  What will be an ideal response?

Question 2

The price reflecting the true social opportunity costs of a resource is known as
 
  (a) a shadow price.
  (b) an equilibrium price.
  (c) a world price.
  (d) a price index.



nyrave

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

See the Key Concepts above for a summary.

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

nyrave

  • Sr. Member
  • ****
  • Posts: 344

 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

For a complete list of videos, visit our video library