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Question 1 What are the main areas of microeconomics that business managers must be familiar with in performing their managerial functions effectively and efficiently?
Question 2 Explain the Law of Diminishing Marginal Utility
Question 3 Discuss the properties of an indifference curve
Question 4 How is national income calculated under the factor-share method?
Question 5 What are the assumptions made by the two-sector model?
Question 6 Try to identify the causes of corruption in India. How can the country overcome this problem?
What does the factor proportions theory posits
Q . While selling exports it could also maximize its domestic sales by equating its marginal (opportunity) cost to its marginal revenue of $5. How much steel could the firm sell
By Using the figure describing both the U.S. money market and The foreign exchange market, analyze the effects of an increase in the U.S. money supply on the dollar or euro exchang
THE SETTING Country X is blessed with large reserves of natural resources, spectacular physical landscape and a moderate climate. It is inhabited by a well educated and industrious
what is net barter terms of trade and the effect on its economy
give notes on the alternative theories to trade
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Q. Discuss the benefits and costs of joining a fixed-exchange area. Answer: Benefits generally gains from the stability of the area and reduced uncertainty. The compete
Q. Explain why the exchange rate model based on PPP is a long-run theory. Answer: PPP theory is a financial approach to the exchange rate. It is a long-run theory for
Question 1: The main challenge facing governments in the 21st century revolves around containing and/or downsizing of public spending. Explain why reduced government interventi
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