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Problem 1:
(a) Explain the common set of problems that developing countries usually face.
(b) In your opinion, which of the problems described in part (a), are more significant to Mauritius? Justify your answer.
(c) Critically assess whether education is a source of economic growth and development.
Probelm 2:
(a) Describe the different views on development.
(b) Describe why development must be conceived as a dynamic and multidimensional process, involving major changes in every aspect of a society.
explain the concept economies/diseconomies of scale and minimum efficient scale
unique products in monopoly
Critically examine recent developments in demand theoryon #Minimum 100 words accepted#
explain 6 factors that determine volume of production
Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4
Explainbainlimitpricetheory
Consider a decision faced by a cattle breeder. The breeder must decide how many cattle he should sell in the market each year and how many he should retain for breeding purposes.
why is normal rate of return on capital included in the total cost and what implication does it have
Problem: a. With the help of diagrams, describe how the price and quantity of potatoes will change under the different circumstances: (i) A severe drought affecting its pro
#explain bains theory of limit pricing theory
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