Figure 8-1 -Refer to Figure 8-1.In a Diagram That Shows the Marginal

question 198

Multiple Choice

Figure 8-1

-Refer to Figure 8-1.In a diagram that shows the marginal product of labor on the vertical axis and labor on the horizontal axis,the marginal product curve

• A)never intersects the horizontal axis.
• B)intersects the horizontal axis at a point corresponding to the 5th worker.
• C)intersects the horizontal axis at a point corresponding to the 6th worker.
• D)intersects the horizontal axis at a point corresponding to the 8th worker.

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.

Evaluate the concept of the vicious circle of poverty and strategies to overcome it.

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