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Comparative Advantage of India
Discuss the position of India with respect to the comparative advantage it holds in gems and jewellery, software services, and petroleum.
Describe the implications of this economic forecast and the income elasticity of demand for the pricing strategy.
Discuss the difference among inflationary gap and deflationary gap.
Calculate the predicted change in tickets sold if the price were raised to $11. Also elucidate the expected change in total revenue.
Illustrate what factors have contributed to increased income inequality an economy along with an equitable income distribution may be efficient as well.
The economy will contract or shrink if leakages exceed injections. Are you agree with this statement.
Elucidate your answer also describe terms relevant to elasticity used in your explanation.
Using above demanded schedule, find out the elasticity of demand for each price change. (Example: when price changes from $5 to $10, quantity demanded changes from 1000 to 800 oz., so the elasticity of demand, by using average values, is 1/3 or 0...
Elucidate a firm competes in the market. Does the firm engage in price or non-price competition
Compute the implied arc income elasticity of demand. Holding all else equal, would a further increase in price result in higher or lower total revenue.
Business if it was done by trade associations, certifications, and professional societies.
Explain and discuss the mechanisms by which this has occurred, and contrast our experience with: a) the recent performance of many NICs (newly-industrializing-countries) in the last few decades
describing market trends with disney theme parks also supply and demand analysis whereas impact of government regulations.
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