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Assume that the per capita income in Alfaland (with initial high per capita income) is growing quicker than it is in Betaland (with initial low per capita income). Then: the gap in the standard of living among the two countries widens over time. Describe?
constraints
Ask ques Choose a topic from Micro economics that matters to you and find a recent news article covering that topic. For example following can be some of the useful topics: - Austr
interaction between the two market force, demand and supply
what is production analysis?
(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.
Suppose that a particular large hotel has 790 rooms. Furthermore, suppose that the hotel's marketing group's forecast is normally distributed with a mean demand of 730 rooms and a
What are the limitations of comparative advantage? Limitations of comparative advantage: International trade needs wide specialisation. This can have drawbacks as given b
Explain the concept of scarcity, and the role it plays in decision making
I. Describe your company Relevant history Resources, strengths, weaknesses Purpose, mission (what does your company do for whom) Company brand / position: what m
PRICE ED OF DOVE SOAP IS GRATER THAN BATHING SOAP IN GENERAL.. GIVE REASON. AN WHAT U ANALYIS
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