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Question 1 What are the main areas of microeconomics that business managers must be familiar with in performing their managerial functions effectively and efficiently?
Question 2 Explain the Law of Diminishing Marginal Utility
Question 3 Discuss the properties of an indifference curve
Question 4 How is national income calculated under the factor-share method?
Question 5 What are the assumptions made by the two-sector model?
Question 6 Try to identify the causes of corruption in India. How can the country overcome this problem?
Q. Explain the credibility theory of the EMS. Answer: In this approach the other EMS countries in effect imported the credibility of the German central bank in fightin
Q . While selling exports it could also maximize its domestic sales by equating its marginal (opportunity) cost to its marginal revenue of $5. How much steel could the firm sell
Q. Explain why, according to Feldstein and Horioka, one should expect that domestic investment rates diverge widely from saving rates. Answer: The decisions of corporations t
What is the learning of International Economics to the social networking sites
The international financial system
Q. Explain the difficulties in naming the new European currency. Answer: Amongst the reasons: Maintenance the name ECU would be misleading the ECU depreciated sharply ag
Q. Explain how the timing of a balance of payment crisis is determined. Be careful to state all assumptions. Answer: The assumptions of the model are: Prices are el
what are the alternative theories of trade?
what is the publication of opportunity cost theory?
why is international trade important for south africa
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