A country whose population size is too small relative to ...
A country whose population size is too small relative to its resource is
Over populated
Optimally populated
Under populated
Producing the optimum output
Correct answer is C
Under population is a situation where a population is too small, therefore unable to fully utilize the available resource endowments.
Under population is also characterized by a situation where the available resources are capable of supporting a much larger population with no reduction in living standards.
Supply in Economics means making ...
Which of the following is not a function of the money market? ...
The relationship between the value of money and the price level is ...
Unemployment can be reduced by? ...
One major factor that determines the location of an industry is ...
From the table above, the average product of the 3rd unit of labour is ...