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Question 1:
Assuming that you are appointed consultant on economic matters for a company and you are asked to analyse the market structures in various sectors of the economy. What indicators would you take into account to classify the markets and analyse them from the profitability and economic efficiency point of view. Give examples taking the case of Mauritius.
Question 2:
"You are appointed as manager as of a tourist hotel in Mauritius and you are asked to do an analysis of the price determination in the industry. Moreover, you are asked to highlight the importance of a knowledge of elacticities of demand and supply in your business strategy.? How would you approach this assignment?
Question 3:
Provide the government policy to increase access to tertiary education, you are asked to estimate a demand function and forcast demand for tertiary education for your company. Show the various steps and issues that you would consider in your task.
Multi-collinearity Multiple regression analysis is based on the assumption that the independent variables are not correlated with each other, whenever the independent variables
Cost comprise impact Some of the policy choices which tend to have the maximum impact on cost comprise: Product performance, configuration, and characteristics Mix and
x+2y+3z=6 2x+4y+z=7 3x+2y+9z=14
Pike Corporation paid $100,000 for a 10% interest in Salmon Corp. on January 1, 2010, when Salmon''s stockholders'' equity consisted of $800,000 of $10 par value common stock and
What are the duties of the Public Company Accounting Oversight Board?
Explain TWO limitations of using accounting ratios to assess the performance of a firm and suggest how each limitation may be improved
Advantages of standard costing 1) Measuring efficiency: standard costing is a yardstick for measuring efficiency. The comparison of actual costs with standard costs enables t
What is Scientific standards and Variance analysis The important steps of standard costing as described above may be summarized as follows; 1) Scientific standards: stand
Consider the following quality data for three different manufacturers of automobile weather-strips: Weather-strip Bulb Dimension Specification y=20 +or- 4mm
Importance of a budget A Budget is a plan expressed in monetary terms. It is prepared prior to the budget period and may show income, expenses and the capital to be used i.e. a
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