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Question 1:
The socio economic development of Mauritius has been marked by growth cycles, representing different approaches adopted by Government to meet the internal as well as the external challenges. Justify this statement.
Question 2:
Environment issues represent a set of challenges to the development of Mauritius. List the major ones with the approach taken by Government to resolve them.
Question 3:
What are the challenges and prospects of Small and Medium Enterprises (SMEs) development in Mauritius?
Sources of external economies of scale: Economies of Skilled Labour: This involves upgrading the skills of labour through the provision of education and training faci
about opean market economy
A surplus on the current account of balance of payments can be financed by? 1. Inflow capital on capital account 2. A surplus on the government budget deficit 3. lending abroad on
Some Cost Considerations for Managers * Three guidelines for estimating the marginal cost(MC): 1) Average variable cost should not be used as substitute for the marginal cost(
Mamun has a weakly income of 600 dollars. Price of chocolate is 5 dollar and price of potato is taka 10. Both are normal goods. Show the income and substitution effect for each of
in aid of a diagram explain the concept of diminishing returns in production
As a consumer increases the consumption of any one commodity, marginal utility of the variable commodity must eventually decline."Illustrate the statement. Illustrate law of dem
Efficiency of exchange
Assume that milk operates in a perfectly competitive market, use a well labeled demand and supply model to explain how market equilibrium price of milk is being determined.
In equilibrium, what are the letters and the total dollar amounts that correspond to the area for the... i. Original Consumer Surplus? ii. Original Producer Surplus? iii.
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