What preconceptions do you have of developing countries? What do ...

[MGLQZ]

What preconceptions do you have of developing countries? What do those preconceptions lead you to expect from this course?
 
  What will be an ideal response?

Question 2

What are some of the likely consequences of price ceilings on agricultural inputs?
 
  What will be an ideal response?

[miss_1456@hotmail.com]

Answer to Question 1

This is totally student-oriented question, calling on the student's own knowledge and hopes.

Answer to Question 2

As with output, a price ceiling on an input will create a shortage, but if the government subsidizes the producer of the input, the result will be inefficiency in production and overuse of the input.

[MGLQZ]

Thanks for the timely response, appreciate it

[tkempin]

TYSM