Which of the following is True is LDCs ?

A. Labor is often underemployed, having a low alternative cost

B. Labor is usually considered the scarce factor

C. It is cheaper to hire labor in LDC because its productivity is relatively higher than in DCs

D. Adapting existing Western technology to LDC conditions requires little creativity

Found an error? Read our corrections policy and submit a sourced correction below. You can also share a useful explanation in your own words.

Discuss the answer or suggest a sourced correction
Thank you for contributing.
Your comment was submitted and will appear after editorial review.

Your email is used only for moderation and is never displayed. Spam, copied material and fabricated endorsements are rejected.