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Topic: Company Case Study and Industry Analysis
Instruction: 1) choose a company;
2) recognize the market industry type;
3) Apply two of the economic theories or market analysis you
learned in class.
4) Give business recommendations in your conclusion.
Problem 1: The national budget exercise is nothing more than a political exercise. Discuss. Problem 2: a. What do economists mean by the term ‘efficiency'? b. What
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discuss baumols dynamic models
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Calculate point elasticity of demand for demand function Q=10-2p for decrease in price from Rs 3 to Rs 2
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PROBLEMS OF USING PER CAPITA INCOME TO COMPARE STANDARD OF LIVING OVER TIME 1) The composition of output may change. e.g. more defence-related goods may be produced and
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