Match the convergence reason with its respective example. Converging economies have a playbook created from other countries around the world. 3 v 1 2 Economically-developed countries currently have an abundance of capital. Converging economies can take shortcuts by skipping old, unproductive techniques for new methods. 1. Diminishing marginal returns 2. Easier to improve tehnologies Learn from recent success strategies 3.

Match the convergence reason with its respective example. Converging economies have a playbook created from other countries around the world. 3 v 1 2 Economically-developed countries currently have an abundance of capital. Converging economies can take shortcuts by skipping old, unproductive techniques for new methods. 1. Diminishing marginal returns 2. Easier to improve tehnologies Learn from recent success strategies 3.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter3: Scarcity, Trade-offs, And Production Possibilities

Section: Chapter Questions

Problem 10P

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