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What is import substitution? Import substitution: It is a government industrialisation policy for development by replacing imports along with domestic production. St
discuss the concept of demand for the products that are being consumed by the different consumers
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why does the quantity of salt demanded tend to be unresponsive to change in its price?
What is the function of multinational companies into the promotion of development? A multinational or transnational (TNCs) company operates within two or more countries across
Why do countries trade? International trade is the swap of goods and services among countries. Trade enhances consumer choice and complete welfare. Various countries have v
Analyse the effectiveness of market approaches into promoting development. Assessing the effectiveness of some system, planned, market or mixed depends onto the choice of displ
#discuss the theory of costs in relation to business operations.you should identify different types of costs and explain how the supply curve is constructed for an organisation?
Describe the characteristics of Monopolistic Competition
sources of oligopoly
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