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theory of profit maximisation
The Basic assumption which underlay the government of international economy has been that the economies of the world would converge around a capitalist model. The details of such a
Question: (a) Assume that a market is in equilibrium and all investors agree that the return on any diversified portfolio P is equal to R P = a p + b p 1 F 1 + bp 2 F 2
What is Frugal Economy
How can the role of government in development be assessed? Increasingly governments are judged through the outcome of their policies within achieving above average development
opportunity cost and decision making
I am given that demand formula P=150-3Q, am told I only have 40 tickets to sell and that the MC=0 and I am suppose to figured out how many tickets to sell to maximize total welfare
Explain the implications international capital flows problem. Implications: • FDI can assist physical capital accumulation and result within growth - usually beneficial b
Is an unequal distribution of income and wealth a problem? Explain in short. Yes: because specified no government intervention, which on very low incomes cannot afford necessar
How do institutions influence development? Institutions development influence: Institutions matter since they give opportunities for people and firms to participate into
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