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Question 1:
A good internal transport network is a sine-qua-non condition for development. What are the problems of the transport sector?
Question 2:
ICT has a definite role to play in the new vision for Mauritius. What are the challenges faced by this sector?
Formulate the consumption function for Mauritius using appropriate theories and suggest values for the coefficients of the independent variables based on theories. Given it’s a tim
what are the limitations of economies of scale?
problems in traditional economic
Define the price ceiling A price ceiling is a highest price that sellers can charge for a product.
Problems relating to national income estimation: Changing prices of goods and services . Prices of goods and services do change from one period to another. This makes compari
what do we mean by The narrowness of definition of the commodity.
Welfare Analysis 1-Of the following four institutions for allocating apartment to different people at different prices i. The competitive market ii. A discriminatin
In the long-run equilibrium, each firm in a perfectly competitive industry will choose the plant size associated with minimum long-run average cost. Is this TRUE or FALSE? And why?
Ask questi‘Social welfare functions embody a normative conception of the relative importance of equity and efficiency’. With the aid of diagrams, illustrate and explain this propos
The Hypothesis of Rational Expectations : In the General Theory (Keynes, 1936) we noted that the state of expectations was taken as given. There was, in addition, explici
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