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The ship waiting indicator is calculated as the average waiting hours per ship, by type of commodity. Average waiting time is also sometimes compared to average time at berth to produce the ship-waiting rate. The various elements contributing to the waiting time should be analyzed to allow the port authority to precisely identify cases whereby it was the result of non-availability of port facilities or equipment. Discuss the Port of Durban's performance in a time-series spanning 2012 to 2019.
For this one I need annual figures. If you cannot find annual figures for the port of your choosing, then gather data and determine the annual average for each port (for the latter you will have to show your workings)
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.
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Calculate gross national product and net national product
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