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Question 1:
1 Explain the importance of barriers to entry in the control of Monopoly rents.
2 Discuss the extent to which competition leads to market promotion?
Question 2:
The term ‘globalisation' means integration of economies and societies through cross country flows of information, ideas, technologies, goods, services, capital, finance and people.
Critically discuss the economic impact of globalization on one specific sector in Mauritius. (Hint: you are required to examine threats and opportunities specifying facts or assumptions)
Question 3:
Distinguish between positive and negative externalities? Justify your answer using examples.
To what extent does the recent government policy, such as the creation of CSR Fund, corrects for negative externality?
LONG RUN OUTPUT In the LR whether or not the firm makes profit will depend on the conditions of entry. For example, when surplus profits exist, there will be new entrants bec
Explain about the Pricing analysis Microeconomic methods are employed to examine lots of pricing decisions. This includes transfer pricing, price discrimination, joint product
SHORT-RUN EQUILIBRIUM All firms are assumed to aim at maximizing profits or minimizing losses. The monopolist controls his output or price, but not both. The monopoly maxi
What will be the table of total cost function?
what is the goal of firm
A firm supplied 3000 pens at the rate of Rs 10. Next month, due to a rise of in the price to 22 rs per pen the supply of the firm increases to 5000 pens. Find the elasticity of sup
what is objective
game theory matrix dominant strategy
(a) Define and explain, using diagrams, consumers' surplus; producers' surplus and total surplus that a society can derive from production and consumption of a good at a particu
summary of principle of time perspective?
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