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Explain the mixed economy system.
Mixed economy: Several resources are owned through the public sector (government) and several resources are owned through the private sector or households. The public sector usually supplies public, merit goods, quasi-public and intervenes into markets to exact perceived market failure.
how does economic theory contribute to managerial decisions?
Can less developed countries economies grow by developing services as tourism? Less developed countries economies grow by developing services as tourism when: The less deve
Define advocates of the International Monetary Fund argue. Advocates of the International Monetary Fund (IMF) argue • Competitive devaluations were a characteristic of the i
Question: (a) Assume that a market is in equilibrium and all investors agree that the return on any diversified portfolio P is equal to R P = a p + b p 1 F 1 + bp 2 F 2
Why do all multinational automakers choose to use FDI to enter this industry? What are the drawbacks of using other entry modes such as exporting and licensing?
The amount of a good or service that a consumer is willing and able to buy at each particular price
What are colonial background countries of the development process? A colony is a country controlled by other. Various European countries had extensive empires as: • Latin
QUESTION 1 (a) What, according to you, are the ergonomic problems associated with the use of visual display units? Describe the measures which can be taken to eliminate these p
Capital gains and losses are regarded as wind falls. Fluctuation in the stock market prices in one of the most common sources of the wind falls. In a progressive society accordin
What are rural and urban sectors? Rural and urban sectors: • Rural sector consider as countryside. 60 to 70 percent of LDC (Less Developed County) population live into r
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