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QUESTION 1
(a) Explain the concept price discrimination?
(b) Discuss the views that price discrimination always operates in the public interest.
QUESTION 2
(a) Describe the qualities of a good tax system.
(b) Discuss the advantages and disadvantages of direct and indirect taxes.
QUESTION 3
(a) Explain the factors affecting economic growth.
(b) Describe the benefits of economic growth and the policies that can be used to promote economic growth.
A member of your team shows disruptive behaviour. Her work is excellent but she is not a team player. The results are that she does not make a payment to team effort and her collea
What is Economic development theory? Economic development theories and models seek to describe and predict how the: • Economies may develop or not over time in excess •
What are the disadvantages of a informal economy?
Illustrate the implications of agricultural price instability problem for Less Developed Countries? Implications of agricultural price instability problem for LDCs: a. Agric
An agent has a utility function over goods 1 and 2 of the form U = x c 1 x d 2 where c is your 1- digit number and d is your minimum number. The agent's income is equal to you
What is Rostowís model? Rostowís Stages of Growth model argues to attain modernity all countries pass through similar stages of development as explained as follows: a. Sta
need assistance
Things like housing and autos tend to be affected by changes in interest rates due to financing is typically needed to make such purchases. If financing becomes more costly due to
explain four major managerial factors that affect diseconomies of scale
QUESTION a) Differentiate between price, income and cross elasticity's of demand. b) How can the concept of price elasticity be useful to the owner of a supermarket who want
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