Which of the following is a reason for the slow economic growth in former colonial nations?
a. Inadequate foreign aid
b. A communist system of government
c. Lack of skilled officials
d. Religious extremism
e. High entrepreneurial skills
Question 2
Lydia enjoys going to the theater to see Broadway musicals. The following demand schedule shows Lydia's willingness to pay for theater tickets in a year. Ticket Price Number of Tickets 90 1 80 2 70 3 60 4 50 5 40 6 If the price of tickets to Broadway musicals equals 50, Lydia's consumer surplus will be:
a. 350.
b. 300.
c. 250.
d. 100.
