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- Micro economics - study of individual behaviour - individual industry like education, meat industry, tourism and agriculture. Choose any ONE industry in Australia from this list and discuss the reforms been done in that industry.
- Cost of production- in any industry in Australia where costs of production are an important issue and analyse what is being done in the industry. May be the industry is switching to technology or/and some substitutes have been used to overcome this problem !
- Demand and supply of certain resources in Australia and factors other than price which affect demand and supply
- Market structures like Monopoly, Duopoly, Oligopoly and Monopolistic competition in any industry in Australia.
Illustrate what are the types of business organization/ company forms, and their pros and cons (advantages and disadvantages) from an economist point of view.
q.a decade ago five firms supplied amateur color film in the united states kodak fuji konica agfa and 3m. from a
Explain why the firm will or will not experience diminishing marginal returns to labor in the short run if its production function is.
q.suppose you consume nothing but goods x and y. we have two years? of data regarding your consumption and incomeyear
Do you recommend this strategy based on the information he has obtained
What appears to be major constraint that central banks used to determine limits of monetary injections into economy. Did United States use same or different criteria.
Suppose that the carnival and the circus have both come to town, and are both o?ering free admission. You have 6 free hours to kill. Draw the BUDGET LINE that shows your options for how you can spend the day.
What impact would (a) and (b) have on the real price of resources, profit margins, output, and employment.
A Bristish pharmaceutical company spent several years and considerable funds on the development of a treatment for HIV patients. Now,with the protection afforded by patent rights,the company has the potential to reap enormous gains.
q1. in 2011 company xyz had sales of 345620million net operating profit after taxes of 10250 million and employed 62650
Compute the changes in consumer surplus, producer surplus, government revenue and third party surplus. Also, show these changes on a graph.
Determine point price elasticity of demand at P= $3.00. Illustrate what would be new point price elasticity if price were raised to P= $4.50.
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