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Question:
(a) Long Run Incremental Cost (LRIC) is considered as the "gold standard" for setting interconnection charges. Discuss the strengths and weaknesses of the three approaches to LRIC modeling.
(b) Within the context of telecommunications networks, two parts of the service can be distinguished: originating the call and forwarding it to the point of interconnection and the termination service, which involves picking-up of the call from the interconnection point and transferring it to the final destination. With telecommunications, the entire call is in most instances paid for by the originating party of the call (CPP principle). There are also cases where the receiving party pays for the termination services (RPP principle). Many practical arguments militate in favor of CPP. Discuss the advantages and disadvantages of RPP and CPP.
(c) Efficient Component Pricing Rule (ECPR) has been subject of considerable discussion and critics. List the principles and the disadvantages of ECPR.
Determinants of Social Demand for Education Certain levels of education like the secondary school and graduate level are considered as having productive value and are attribut
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Describe Ionization energy or ionization potential and The factors affecting the ionization energies
#• The price of a laptop increases by 20% and there is a 40% drop in the quantity demanded. • The price of a pack of cigarettes increases by 10% and there is a 5% drop in the quan
Economic appraisal - Appraisal , which seeks to quantify, and where possible calculate the welfare impacts from, the costs and benefits of a project or policy.
how to draw a table of the demand and supply scdule
Question 1: Compare and contrast between perfect competition and monopoly. Which of the two types of market structures is efficient? Question 2: Prepare a short notes
Surplus: Anysector or agent in economy (business, householdor government) experiences a surplus when its income surpasses its expenditure. Surplus, Economic: For the economy
Recent developments in demand theory
Economic Ef ficiency The effort to making products and services in the least costly way without sacrificing excellence.
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