Author Question: What are some of the main ways in which the economies of developing countries differ from one ... (Read 131 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?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

For a complete list of videos, visit our video library