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Read the article "FDI into Africa on the up" from Ernst and Young and discuss on the following questions by writing 1 and half pages with proper citation with own words. § What is the impact of increasing FDI into Africa on the global economy? § If you are the African firms, what should do you with this trend?
Describe current economic crisis growing unemployment which have impact on price elasticity of health care demand.
You should suppose that the accident at Chernobyl had no effect on the price of hot dogs or Jane's preference of caviar.
The demand function for VCRs has been estimated to be Qv = 123 - 1.7Pt + 46 Pm - 2.1Pv -5M, where Qv is the quantity of VCRs,Pt is the price of a videocassette, pmis the price of a movie, Pv is the price of a VCR, and M is income.
Explain how would you interpret the slope coefficient also illustrate what is the rate for the period under study.
Illustrate what range of labor input is marginal product smaller than average product. What is happening to average product as employment increases over this range.
explain why do companies grant discounts to senior citizens and students
Illustrate what did the USA do like other countries as well after the first oil price shock.
Explain why does a production possibilities curve bow out rather than forming a straight line sloping downward from left to right.
Assume Helen's income increased from $30,000 per year to $45,000 per year and Helen\'s crab meat consumption went from 25 pounds per year to 30 pounds per year.
The capital-labor ratio of a cost minimizing firm in the long run indicates explain how a firm should produce its output, not how much output it should produce.
Illustrate what were some of the major contributing factors and how did they combine to cause the recession. How were you affected by it.
Provide an example of how fiscal also monetary policies compliment or work against each other.
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