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QUESTION
(a) With reference to price elasticity of demand, discuss and illustrate the effects on government revenue of increasing value added tax on goods and services.
(b) What are the factors affecting price elasticity of demand for tourism in Mauritius?
(c) Using appropriate examples, explain the terms public and merit goods.
(d) Explain, with the help of relevant examples, the relationship between private, external and social costs and benefits.
When a project is under way, how can value management be utilized to estimate proposed changes? While potential changes to a project have been acknowledged, value management ca
What is PPC
What are the major area of decision making ? How does economic theory contribute to managerial decision ?
Chelsea Football Club a) Reasons could include: the probable for CFC to return healthy profits; CFC may have been undervalued at the time of purchase; Abramovich could simply b
How can trade agreements assist development? A trade agreement is while two or more countries to by decrease or abolish tariffs, non-trade and quotas barriers which are establ
What is social exclusion? Social Exclusion: Social exclusion arises while people are denied access to goods opportunities taken as normal in a society. In several develo
Q1 An important first step to the statistical analysis of data is to "get to know your data". The following tasks should contribute to this. (a) To the right of the dataset c
For the special case when firms are price takers, what is the relation between total revenue, average revenue, marginal revenue and price?
what are the major socio economic problems of India which hamper the growth and development
New trade theory
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