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QUESTION 1:
Assuming that you are a consultant on the ‘Light Rail' project and you are asked to forecast demand for this mode of transport. What are the forecasting techniques that you may consider to use?
QUESTION 2:
Explain the importance of a knowledge of elasticities of demand and supply for
a) a manufacturer of mobile phones b) a stakeholder in the sugar industry or in the textile industry c) the Minister of finance
Discuss whether high indirect taxes are the best way to discourage smoking.
Rules concerning disclosure of information and accounting change behaviour but only be drawing attention to certain facts. In the area of environment, Health, epidemics, and other
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Earlier than the Civil War, the South graded with the North and with England. It sold cotton and bought manufactured goods and food. Throughout the war, one of Lincoln's first acti
Read the titled book 2010 State of the World: Transforming Cultures from Consumerism to Sustainability written by the Worldwatch Institute.Learn through their findings valuable inf
externalities produced by a monopolist
With a background from the previous section we now study some of the critical characteristics of policy process. You have already studied earlier various technical theories relatin
Graphthe market for water park business, labeling the demand curve, the social-value curve, the market equilibrium level of output, and the efficient level of output. What is the p
According to estimates by Goolsbee and Petrin (2004), the elasticity of demand for basic cable service is ?0.51, and the elasticity of demand for direct broadcast satellites is ?7.
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