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Discussion Topic: Role of Advertising
Describe the business and its likely main competitors.
Assume that you are going to start a small business of your own. Further, imagine that you are able to adequately differentiate your product, or service so that you can establish your business as a monopolistically competitive firm.
An individual who spends his income on two goods only, spends initially, exactly the same amount on each good. The price of x has risen by 20%while the price of y fell by 20%. The agent will be neither better nor worse offas a result of the change..
Which characteristic of the production possibilities reflects the law of increasing cost: its shape or its length ?
If a local newspaper reported that the Malaysian government will shore up the sliding ringgit by working to cut record budget and trade deficits.
Illustrate what were the characteristics of Great Britain's economic relationship with India in the 17th and 18th centuries, How would you explain their success in their competition with the Dutch.
Discuss how international trade affects U.S. economy. Explain how foreign exchange rates are determined.
Describe some recent laws/ruling passed/implemented by either the WTO, World Bank, and IMF. What has been the result both negative and positive?
When implementing discretionary fiscal policy the most difficult thing to do is to get the magnitude, or dollar size, of the policy change just right. Why is th
Find the market price and total output level. How does the monopolist allocate its production between plant 1 and plant 2
In a short essay 3 paragraphs, write an analysis to the following question. Describe what the term "Operations Management" means and be able to apply it within organizations.
Why are economists concerned about inflation? If the prices of all goods and services rose, but the quantity produced remained unchanged, what would happen to nominal and real GDP?
Examine the pricincples underpinning the Skills Development Act and the Skills Development Levies Act and discuss the implication of this for human resource planning in your organisation. (still Finland, Russia and SA assignment)
How the country's policies influence its productivity growth? How the country's financial system is related to key macroeconomic variables?
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