Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Problem 1:
i) It has often been argued that a monopoly has both costs and benefits. Discuss.
ii) Explain, using diagram the short and long equilibrium positions of a monopoly firm.
iii) Using examples, explain how a monopoly imposes barriers to prevent competition.
Problem 2:
i) Explain the concept of circular flow of income.
ii) Comment on the view that ‘GDP is not the best measure to evaluate economic growth and standard of living. Real GDP per capita is a better measure'.
iii) What is economic growth? Identify and comment briefly on the possible contributors to economic growth.
4 models
How might governments use buffer stocks to stabilise prices? Explain/outline a buffer stock scheme in brief as a method for government (in this case) to warehouse (stock) goods
John has a utility function given by U(M) = M0.5, where M represents an amount of cash prize in a game. If John wins, with the probability of 0.2, he will get $900; otherwise, he g
uses of time series in Indian Economy?
A film studio in Hollywood produces movies according to the function q = F(K;L) = (2=100)K^0.5L^0.5 In the short run, capital (studios, gear) is xed at a level of 100. It costs $
1. Consider a world with two assets: a riskless asset paying a zero interest rate, and a risky asset whose return r can take values +10% or –8% with equal probability. An individua
what is marginal costs?
AGRICULTURAL GROWTH AND PRODUCTIVITY TRENDS: Despite a steady decline in the share of agriculture in the Gross Domestic Product (GDP) of India, this sector continues to remain
different types of production funtion and curve given by different economist
ed=1 means p
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd