What Percentage of the World's Refugees Flee to Developing World

question 13

Multiple Choice

What percentage of the world's refugees flee to developing world countries, in the process imposing an overwhelming burden on those least capable of addressing this humanitarian crisis?

• A) 60 %
• B) 80 %
• C) 90%
• D) 50%

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Definitions:

Production

The process of combining inputs to make goods or services.

LAC Curves

The Long-Run Average Cost curves, which show the minimum average cost of production at different levels of output.

LMC Curves

Abbreviation for Long-Run Marginal Cost curves, which represent the cost to produce one additional unit of goods when all inputs can be varied.

Returns to Scale

The change in output resulting from proportional change in all inputs (factors of production); can be increasing, constant, or decreasing.