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Aska) Explain why each of the following factors may influence the own price elasticity of demand for a commodity. (i) Consumer preferences, that is, whether consumers regard the c
what is the short run and long run effects of a new idea creating by a restaurateur i.e home cooking services in the perfect competitive market?
QUESTION (a) With reference to price elasticity of demand, discuss and illustrate the effects on government revenue of increasing value added tax on goods and services. (b)
how can a community having water shortages issues be resolved using marginal utility and consumer behaviour
how does the effect of inflation affect the spending ability of fixed income earners
explain how a price disciminating monopoly increases profits
Staff time is generally the principal cost component of an IS project. Define five other areas where project costs could increase. Project costs also occur by: • Contract la
Problem 1 Discuss how Monetary policy regulates the money supply in an economy through various instruments. A) Explanation of the instruments of monetary policy Problem
CHALLEGES FACING BUSINESS ORGNIZATION
QUESTION In several countries recently, many people have become unemployed. Analyse the different types of unemployment in an economy. Explain the likely causes and conseque
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