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What is poor governance?
In countries along with poor governance:
• The rule of law has not working for example civil war and areas run by war lord
• Bribery and corruption implies resources are assigned inefficiently and
• Rulers are unaccountable to citizens for example no or fixed elections.
Calculate Average Total Cost A perfectly Competitive firm is operating at a profit-maximizing level of output, q*. This output level is 500 units. At this output level, the
WHAT IS OPPOTUNITY COST?
1. A firm has segmented its market into the following demand functions: P1 = 500 – 50Q P2 = 500 – 20Q with a cost function: MC=AC =20 a. Determine the prof
Is population growth a problem? Quick population growth is a main cause of poverty and arises where population growth go beyond the rate of economic growth. Standards of liv
You can buy as many drinks as you want at $1 each. You can also buy as many chocolate bars as you want at $2 each. You have $5 to spend. You must buy whole bars and drinks, that is
What do you mean by the term earned value analyses? What are additional insights into the dynamics of a project afforded via the use of EVA? Earned value implies, in effect, t
Why are markets considered as unsuitable for promoting development? The process of establishing a market system frequently includes radical reform which produces both winners
How does Structural Adjustment Programmes/Poverty Reduction Strategies assist development? Structural Adjustment Programmes (SAPs) /Poverty Reduction Strategies (PRS) are an ef
Why are many economists opposed to licensure of medical facilities and personnel?
Question: Yamba Home Products is just beginning its fourth quarter, in which peak sales occur. The company has requested a $12,000, 90-day loan from its bank to help meet cash
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