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Question 1 Explain the Orthodox and Liberal perspective of political theory Question 2 Critically analyse the institutional approach in comparative political analysis
QUESTION 1 (a) Explain the relationship between scarcity, choice and opportunity cost. (b) How is choice about the use of scarce resources made in a market economy? QUES
What is suitable technology? Technology is suitable when this employs methods which make the best use of accessible resources that is labour-intensive, straightforward techniqu
What are the limits of development theories? Theories are generalisations: • When LDCs share similarities, each country is unique economic, cultural, social and historical
What are institutions? Institutions are formal organisations as like: • Government : the group of some people and institutions who control and manage a country Civic socie
is industrial ethics contradictory?
explain how a price disciminating monopoly increases profits
what is nature of elasticity?
What is an alternative process strategy to the assembly line that Wheeled Coach currently uses?
interaction between the two market force, demand and supply
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