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Disadvantages of Mixed Economy
Large monopolies can still exist in the private sector, and so competition does not really take place
There is likely to be a lot of bureaucracy and "red tape" due to existence of a public sector.
Illustrate the concept of present value. The Concept of Present Value: While someone borrows money for a year, there the interest rate is the price, computed as a percent
Functions of the Budget The budget fulfils three main functions: To raise revenue to meet government expenditure The government of a country provides certain se
Where does the firm Operate? The firm will avoid stages I, II and III and will instead choose stage II. It will avoid stage I because this shall involve using the fixed facto
in the context of an environment of business,state briefly the implication of (1) Ee>1.....(2)Ee=1......(3)Ee=0.......(4)Ee
prepare a break-even analysis to determine volume required to cover costs with and without a specified profit target and price.
features of monopoly
The elasticity of a demand curve is frequently judged by its appearance: the flatter the demand curve, the greater the elasticity and vice versa. However this conclusion is mislead
Plot the demand schedule and draw the demand curve for the data given for Marijuana in the caseabove.
introduction, evaluation,principle, activities concept behind Gatt & wto
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