

MCQOPTIONS
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1. |
Which of the following is True is LDCs ? |
A. | Labor is often underemployed, having a low alternative cost |
B. | It is cheaper to hire labor in LDC because its productivity is relatively higher than in DCs |
C. | Adapting existing Western technology to LDC conditions requires little creativity |
D. | Labor is usually considered the scarce factor |
Answer» B. It is cheaper to hire labor in LDC because its productivity is relatively higher than in DCs | |