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What are the characteristics of developed countries applied to Less Developed Countries?
Some of Kuznets' characteristics of a DC (developed countries) can be applied to LDCs (Less Developed Countries) to describe underdevelopment caused by a lack of as:
• Productivity development;
• Structural transformation;
• International trade and
• Ideological and Social change
Policies that enable the above assist development and growth.
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Assume the firms cost function is: C(Q)= 100+10Q+Q^2 , Determine whether this industry is a natural monopoly when the demand function is: 1) D(P)= 100-3P 2) D(P)= 90-3P 3) D(P)= 10
Identify the features of informal sector in African countries
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What is development process? Development process: Development is measured through outcomes that are development occurs while key indicators of human well-being enhance. Th
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