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Building up a Stable and Viable Export Production Base:
It is necessary to make a deliberate production plan and to earmark a part of production for export even if there is a pressure of domestic demand on export supplies. In this connection, D.V. Kapur Committee suggested: (i) inducing domestic producers through more incentives to export, (ii) building in an advantage in attaining economies of scale, and (iii) further liberalisation of the licensing policies aimed at injecting intense competiton. As to the infrastructure, we can distinguish between national infrastructure and international infrastructure. The former refers to all the 'facilities' that are available within the country and the latter to the network of facilities outside the borders of the country. Both these categories of infrastructure include the following: (a) institutional framework providing export services, advice on import management, etc., (b) network of information collection, dissemination, publicity, image-building, etc., (c) transport and communication services; (d) banking services; (e) system of trading houses, clearing agents, etc., (f) research, analysis of market potential and its behaviour, new techniques of export/import strategies, training of managerial personnel and export/import decision-making and management, etc.
Marginal Product Theory a. What is the MC of output in the short-run? b. What is the MC of labor (employed)? c. What is the short-run profit-maximizing decision
how do I find the marginal value product?
Q. What do you meant by Private Equity? Private Equity: A form of business in which company's entire equity base is owned by one or a small group of individual investors. Under
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the short run can be defined as any period of time
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What is the explanation for SAC to be tangent to LAC?(In other words, why must both be tangent to each other)?
Do the laws of economics still work today? use the case discussed in class to answer this question or any other examples) (ii) Provide examples of three factors that can shift the
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