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compute the opportunity cost
Are the terms of trade (ToT) a problem? Problem : The terms of trade (ToT) of a country fall when its import prices rise quicker than the price of its exports. Less Developed
explain four major managerial factors that affect diseconomies of scale
QUESTION (a) (i) Define the velocity of circulation of money. (ii) By comparing the Fischer's Quantity Theory of money and Keyne's Liquidity Preference Framework, explain cl
What are Harrod-Domar assumptions? The H-D (Harrod-Domar) model assumes as: • Fixed capital output ratio. Nonetheless, diminishing marginal returns to capital element exist
Why are markets considered as unsuitable for promoting development? The process of establishing a market system frequently includes radical reform which produces both winners
how can I show the supply and demand of internet hubs?
theory of economies of scale,dis-economies,intergration
How does colonial background influence the development process? Colonial experience influences: • Language for example the official language of US is English. • Legal and
sources of oligopoly
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