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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.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Match the convergence reason with its respective example. Converging economies have a playbook created from other countries around the world. 3 ✓ 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.
Transcribed Image Text:Match the convergence reason with its respective example. Converging economies have a playbook created from other countries around the world. 3 ✓ 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.
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