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1. Species that have reached the extinction threshold and are on the verge of extinction - beluga whales, African elephants, mountain gorillas and the California condor might be classified as nonrenewable resources and once they disappear, there will be no regeneration. Does the market create appropriate incentives to ensure that extinction will not occur? If yes explain. If no, what can be done to ensure that extinction will not occur?
2. Oil is an exhaustible resource. The Organization of Petroleum Exporting Countries (OPEC) is a group of oil producing countries that had formed a cartel for the supply of oil
A) Which countries are involved in the cartel?
B) Explain how the cartel works.
C) What are the implications of oil production by non-OPEC members on the effectiveness of the cartel
D) Can the cartel lead to efficient extraction of oil? Explain
E) How does the cartel affect the marginal user cost?
F) Can OPEC be used as a good example of the extraction of an exhaustible resource? Explain
RatLand is a large family theme park located in central Texas. Over the years a visit to Ratland has been institutionalized as a prime "have to" experience for children growing up
3 pages
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Forward Rate : The rate quoted for delivery of foreign exchange in future at some agreed date, i.e., when the value date is more than two business days in future, is called the fo
WHY EXPORT? A FIRM'S PERSPECTIVE : There are a number of factors which may motivate a firm to export. Let us discuss them in detail. i) Relative profitability: The price re
Actual Total Loss (ATL): An actual total loss may occur in three ways. Firstly when the, insured cargo is physically destroyed when fire in the hold of the ship destroys complet
Q: How Post Purchase behaviour of a consumer can be explained? Ans: Post-purchase behaviour engages all the consumers' activities and the experiences that follow the purchase.
What is perception mapping? Does it differ for each product category?
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