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(a) Name three types of government interventions and 3 economic factors affecting the business environment and with given example explain how these affect the business environment.
(b) Briefly explain the theories of convergence, divergence and hybridization and their associated critics.
(c) With Reference to the EU, describe the benefits for Regional Economic Communities adopting a singular monetary union.
Speculating with Long Currency Strangle: A long currency strangle involves buying both a call option and a put option for a particular foreign currency with the same expiratio
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The factors that affect the volume of production in economics
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 are the traditional, modern sectors and rural-urban migration? Rural-urban migration: Rural-urban migration is the movement of labour through the countryside to cities
Question 1: Poverty reduction is generally influenced by changes in average income and income redistribution. Thus, in practice it is hard to adjust to the right balance betwee
Marketing is impacted by influences outside the business control that constrain the organizations ability to manipulate its marketing mix. These environmental included (a) competi
Assume there are two teams in the league: Los Angeles and Sacramento. Because it is a much larger metropolitan area, the revenue generated at any given winning percentage is hi
What are some of the changes taking place in the international business environment? How do changes in the international business environment affect pricing, output, cost and profi
Question 1 Explain the law of diminishing returns. What are its causes and effects? Question 2 Compare perfect and imperfect markets Question 3 A monopolist with a linea
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