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Question 1:
a. What is the supposed rationale for subsidising higher education in various developing countries?
b. Do you think there is a legitimate rationale to the above, from a development viewpoint? Describe your answer.
Question 2:
Do you think that State-owned enterprises should be encouraged or discouraged? Explain your answer.
determination of rent
Question: (a) With the help of diagrams, explain how the price and quantity demanded or supplied of fuel will change under the different scenarios: (i) Consumers expect a fu
During its current tax year (year one) a pharmaceutical company purchased a mixing tank that had a fair market price of $120,000. It replaced the an older, smaller mixing tank that
Employer’s Estimates of Future Manpower Requirements One of the parameters of demand for employment in a firm or a factory or an establishment is the level of capital investme
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explain diagramatically Bain''s limit pricing mode
introduction of this model
Depreciation: This signifies the loss of value from an existing stock of real capital (for an individual company or for whole economy), reflecting normal wear-and-tear of machinery
Price Elasticity A measure of the change in demand for a product relative to unit changes in the price of the product. If the percentage change in quantity demanded is greater
Problem 1: The last half-century has witnessed major changes in the role that governments of developing countries have played, especially in terms of public spending. (a) Ex
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