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What is meant by the term value tree?
Value Tree:A value tree gradually decomposes the overall objectives of a project within more exact objectives which can be agreed through the project’s stakeholders. More detailed of these objectives can after that be used to categorize and assess possible system solutions.
What are rural and urban sectors? Rural and urban sectors: • Rural sector consider as countryside. 60 to 70 percent of LDC (Less Developed County) population live into r
How does foreign debt management improve development? Borrowing is a policy to encourage growth like aid represents an injection of resources within the economy which enable
Use short notes and illustrations to answer the following questions: i) Distinguish between an indifference curve and an isoquant ii) Distinguish between substitution and inc
how the concept of elasticity used for policy formulation
Case study CORN is now struggling to keep up with demand. With corn supplies the tightest they have been since the mid-1990s, prices have risen substantially and are holding a
state the demand theory.
explain four major managerial factors that affect diseconomies of scale
Does the structure of the population issue? Dependents into an economy, children as well as old people are assists by the economically active. Dependency ratio uses to measure
What is urbanisation? Urbanisation arises while an increasing proportion of the population live into cities, suburbs or towns. All cities are attractive to potential migrants s
What is import substitution? Import substitution: It is a government industrialisation policy for development by replacing imports along with domestic production. St
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