The "Brain Drain" Problem in the DVCs Refers to the Fact

question 157

Multiple Choice

The "brain drain" problem in the DVCs refers to the fact the best-educated workers

• A) are reluctant to become entrepreneurs.
• B) are concentrated in rural areas where their skills are underutilized.
• C) often immigrate to industrialized countries.
• D) are reluctant to work in the public sector.

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Total Revenue

The overall earnings from sales of goods or services prior to any expense deductions.

Demand Curve

A visual chart that illustrates the connection between a product's price and the amount consumers are willing to buy.

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The amount of money expected, required, or given in payment for something, reflecting the value of goods or services in monetary terms.

Highest Price

The maximum value that has been paid for a good or service in a particular market or setting.