Explian national income and economic welfare, Managerial Accounting

Assignment Help:

Question 1:

(a) Discuss the main features and problems which Mauritius has to face as a small island developing country.

(b) What are the factors which have led to the first economic Miracle?

Question 2:

"The objectives and business structure in Mauritius is far from the classical theory of firm based on profit maximization and other assumptions". Discuss this statement in the light of the business sector in Mauritius.

Question 3:

Discuss any two of the following:

1. Financial globalization.
2. National income and economic welfare.
3. Market failures and Free rider problem.

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