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Question 1:
Either
‘Today the business organizations are quite different from the traditional classical firm with a wide range of objectives.' Discuss the above statement in the light of the alternative business model's objectives.
OR
Explain the problems which may arise due to information asymmetry and discuss the measures which can be taken to alleviate some of these problems.
Question 2:
Discuss any three of the following:
a) Economic resilience and SIDs b) Financial globalization and economic growth c) Governance in the public sector d) Management of exchange rate risk e) Demand Management policies f) Importance of productivity concepts at firm's level and national level.
ChoppinAxe is a little Swedish firm that produces wood planks and operates in a perfectly competitive market. Each firm in the market has the following total cost function:
FUNCTIONS OF CENTRAL BANK Economists and financial experts lack in unanimity about the functions of a central bank. According to Kisch and Elkin, the essential function of a c
Disadvantages of Mixed Economy Large monopolies can still exist in the private sector, and so competition does not really take place There is likely to be a lot of bureaucr
is the sales maximization applicable
Determine the studies of Managerial economics Managerial economics studies the application of techniques, principles as well as concepts of economics to managerial problems of
all theory
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