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Problem 1:
(a) Explain the meaning of poverty. Briefly explain how poverty is measured?
(b) Clearly explain the relationship between Poverty, Inequality and Economic Growth.
Problem 2:
Using examples of Least Developed Countries, explain the causes and consequences of market failures.
to what extent does Marginal revenue productivity theory explain wage determination in Zimbabwe
Business Executives and Choice of Risk * Example - Study of 464 executives found that: 20% persons were risk neutral 40% persons were risk takers 20% perso
what is stagnation thesis?
Determinants of Social Demand for Education - Equity Perfect equality is not observed in any society. Hierarchy in status, standards of living, capacities for effective demand
Slope of an Iso-quant: Since along an iso-quant the level of output remains the same, if θL units of θL are substituted for K units of K, the increase in output due to θ L
Low standards of living: In developing nations general standards of living tend to be very low for the vast majority of the people. These low standards of living are manifest
discuss how a knowledge of price elasticity and income elasticity be of practical use to a firm
#how do you draw a demand curve on excel
demand for two market are P1=15-Q1&P2=25-Q2.the monopoly TC is C=5+3(Q1+Q2).What are ,output,profit&MR if the monopolist can price disc? riminate
If the quantity demanded of Pepsi Cola goes up, and its supply enhances what will occur in the market for Pepsi?
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