A Key Factor Underlying the Instability of Primary Product Prices

question 3

Multiple Choice

A key factor underlying the instability of primary product prices and export receipts of developing nations is the

• A) Low price elasticity of the demand of primary products
• B) High price elasticity of supply of primary products
• C) High price elasticity of demand of primary products
• D) None of the above

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Definitions:

Cooperative Play

A stage in child development characterized by children playing together, sharing, and cooperating towards a common goal.

Solitary Play

A stage of play where children play alone, without interaction with other children, which is normal in early childhood development.

Peer Groups

Social groups of individuals, often of similar age, background, or social status, that influence attitudes, values, and behaviors.

Conflict Management

The practice of identifying and handling conflicts in a sensible, fair, and efficient manner, especially in professional settings.