Tag: favouritism

Rural regions face a double-edged sword: a lack of skilled labour and a constant exodus of talent to urban areas. These challenges are further compounded by limited access to educational and training opportunities, hindering the development of a skilled local workforce, which in turn has a negative impact on economic growth.

Ten children are invited to a birthday party. As they arrive, they are each given three golden tokens. The host explains that they will play various games with great prizes using these tokens. In the first game the prize is a brand-new bicycle, which the host says he will give to whichever child offers him the most tokens. This is the supply of desirable goods.