Figure 8.8.1 -Refer to Figure 8.8.1 Above. After the Increase in Demand

question 127

Multiple Choice

Figure 8.8.1
-Refer to Figure 8.8.1 above. After the increase in demand, from D₁ to D₂ in panel (b) , and being this a constant-cost industry, what is likely to happen in the market?

• A) Supply will not shift, and the market will settle in equilibrium at point B.
• B) Supply will shift to S₂ and the market will settle in equilibrium at point C.
• C) Supply will shift to S₂ and the market will settle in equilibrium back at point A, after going through B and then C.
• D) Supply will not shift and the market will settle in equilibrium back at point A after moving only temporarily to point B.

Analyze the factors affecting saving, investment, and capital accumulation in DVCs.

Grasp the role and effects of foreign aid and microcredit on DVC development.

Understand the components and importance of a nation's infrastructure in its development.

Recognize the barriers to transferring technologies from IACs to DVCs.

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Definitions:

Balanced Scorecard

A strategic planning and management system used by organizations to communicate objectives, monitor performance, and evaluate their progress towards achieving strategic goals.

Financial Measures

Quantitative indicators used to assess the financial stability, performance, and liquidity of a business entity.

Learning and Growth

Refers to the strategies and processes that facilitate the continuous improvement and development of employees, systems, and organizational capabilities.

Balanced Scorecard

A strategic planning and management system used by organizations to align business activities to the vision and strategy, improve internal and external communications, and monitor organizational performance against strategic goals.