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Question 1:
1 Explain the importance of barriers to entry in the control of Monopoly rents.
2 Discuss the extent to which competition leads to market promotion?
Question 2:
The term ‘globalisation' means integration of economies and societies through cross country flows of information, ideas, technologies, goods, services, capital, finance and people.
Critically discuss the economic impact of globalization on one specific sector in Mauritius. (Hint: you are required to examine threats and opportunities specifying facts or assumptions)
Question 3:
Distinguish between positive and negative externalities? Justify your answer using examples.
To what extent does the recent government policy, such as the creation of CSR Fund, corrects for negative externality?
Explain cost output relationship with reference to: a. Total fixed cost and output b. Total variable cost and output
THE BUDGET The budget is a summary statement indicating the estimated amount of revenue that the government requires and hopes to raise. It also indicates the various sources
A. Write a detailed essay on the importance of economics to managers. OR What is the role of managerial economics in organizations ? B. What are the methods of measuring nation
Is Indian companies running a risk by not giving attention to cost cutting?n..
Discuss how the nation's present economic situation may affect your business in the next year (your market is the entire US economy). Contain the following in your analysis. a)
Real Rigidities in the Credit Market How imperfections in the goods markets enable firms to set prices so as to generate price rigidities, e.g., because of countercy
Q. Types of Market Structures by the Nature of Competition? Conventionally, the nature of competition is assayed to be the basic criterion for distinguishing different types of
National Income National Income is a measure of the money value of goods and services becoming available to a nation from economic activities. It can also be defined as the to
Q. Illustrate about Sales maximisation? The concept that business firms (specifically those operating in the real world) are principally goaded by the aspiration to achieve the
Give short answer of following (a) Economics as a science. (b) Engineering Economics. (c) Economic Problem. (d) Meaning and characteristics of utility. (e)
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