Economist and Philosopher Amartya Sen Focused on Which Concept of Development

question 69

Multiple Choice

Economist and philosopher Amartya Sen focused on which concept of development in the new millennium?

• A)human rights
• B)equal rights
• C)human capabilities
• D)equal capabilities

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Definitions:

Marginal Revenue

The revenue gain from the sale of an additional good or service unit.

Marginal Revenue

The growth in income arising from the sale of an extra unit of a product or service.

Price Discriminate

The practice of selling the same product or service at different prices to different customers, based on factors such as willingness to pay, market segment, or purchase location.

Demand (D)

The quantity of a particular good or service that consumers are willing and able to purchase at various prices during a certain period of time.