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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?
Q. What do you mean by Ordinal utility? A method of analysing utility or satisfaction derived from consumption of services andgoods, based on a relative ranking of services and
a bus operates two routes,one to harare and another one to johanesburg.the company analyst estimated that the elasticity of demand for joburg is 0.9 while for harare is 2.the compa
Equilibrium Income In this model, aggregate desired expenditure has three components: Consumption, Investment and Government Expenditure:
Interest rates Decreasing the rate of interest may not encourage investment but increasing the interest rate tends to lock up liquidity in the financial system.
A monopolist faces a straight line demand curve which passes through the point Rs 10 per ton on the price-cost axis and through the point 8000 tons on the quantity axis. The fir
A firm is employing 100 hours of labor and 50 tons of cement to produce 500 blocks. Labor costs Rs 4 per hour and cement costs Rs 12 per ton. For the quantities employed MPL = 3 an
SHORT RUN OUTPUT AND PRICE In monopolistic competition, it's the product differentiation that permits its price without losing sales. Due to brand loyalty consumers will c
If a firm's organisational characteristics have not any implications for its behaviour or more possibly have implications that can be taken into account without adopting a behaviou
Real Rigidities The New Keynesian economists rely both on nominal and real rigidities to arrive at their conclusion that nominal changes in money supply have real, and not
How can a firm''s security policies contribute and relate to the six main business objectives.give example
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