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QUESTION 1
i) Distinguish between the different kinds of concentration measures
ii) Briefly describe the axioms of Hannah and Kay (1977)
iii) Derive and explain the Dorfman and Steiner (1954) condition for optimal advertising
QUESTION 2
i) What are the different stages of economic growth?
ii) What are the major causes of deindustrialization?
iii) Is there a stable link between inflation and unemployment in the long-run?
Define the process of setting objectives. What might be objectives for a newly appointed junior programmer? A hierarchy of objectives cascades down through the overall intend o
Why are countries that let people respond to the inborn profit motive better off than those countries that do not?
First-in First-out Method (FIFO) A technique of inventory valuation based on the concept that merchandise is sold in the order of its acknowledgment. In other words, if an elec
The factors that affect the volume of production in economics
how to decentralization aids in citizen mobility
Explain about the term Traditional Economy. Traditional economy: It is where decisions regarding what, how and for whom to produce are based onto tradition and custom. A
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
Is there an optimum population size for a country? Optimum (best) population arises while productivity that is output per person is highest. • An under-populated country ca
is industrial ethics contradictory?
how can I show the supply and demand of internet hubs?
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