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Question 1:
? deduce the causal factors behind technological developments in different cultures and during different periods of human history
? assess the basis of common criticisms of modern technology.
Using clear arguments supported by technological examples, explain whether or not you agree with the statement below, and why you have selected your position.
"Technological advances have improved living standards for many people but have exacted a high price from the physical environment."
Question 2
? apply the principles of environmental impact assessment.
Discuss and evaluate the process that you would use to assess the environmental impact of the development of a new suburban residential development in an environmentally sensitive area.
Profit maximization is theoretically the most sound but practically unattainable objective of business firms. In the light of this statement critically appraise the Baumol’s sales
explain nature of microeconomic
Given the following table MUx MUx/Px Qty MUy MUy/Py 80 40 1 68 17 52 26 2 32 8 20 10 3 28 7 16 8 4 24 6 8 4 5 20 5
what do you understand by linear break-even point? in what way is it useful in managerial economics? what are the assumptions underlying the analysis?
Differentiate between real and nominal variables. In economics, the distinction among nominal and real numbers is often made. Nominal variables -- like nominal wages, interest
Consider what would happen if a taxes of 10000$ was imposed on imported automobiles on dealers.Using a demand and supply diagram, show its impact of price and quantity. Suppose the
What have been some justifications given for the historical exclusion of household production from the national accounts? Some reasons have included: a. households are not p
In the city of Gelato the market for ice cream is perfectly competitive. Aggregate demand for ice cream is: D(p) = 1200-25p where p is the price for one cone of ice cream. Al
ways of imroving productivite
What is buget line how it is calculated?
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