The Share of Population Living on Less Than $2 Per

question 28

Multiple Choice

The share of population living on less than $2 per day is nearly identical in Côte d'Ivoire and Indonesia.This indicates that

• A) poverty situations are about the same in these two countries.
• B) income gaps are about the same in these two countries.
• C) children mortality rates for age under five are about the same in these two countries.
• D) none of the above

---

Definitions:

Unit Costs

The cost incurred to produce, store, and sell one unit of a product, including raw material, labor, and overhead costs.

Cost-Minimizing

A strategy or approach aimed at reducing expenses to the lowest possible level while achieving the desired output.

Price of Capital

The cost of using capital for production, often measured by the interest rate on borrowed funds or the rate of return required on investment.