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Problem 1:
a) Explain what is meant by ‘price discrimination' and what are the different types of price discrimination.
b) Under what conditions is it possible and profitable to go for price discrimination?
c) Explain clearly how the discriminating monopolist attains equilibrium.
Problem 2:
According the latest Central Statistical Office report, Mauritius is facing an estimated unemployment rate of about 9.9%.
a) What are the main causes of unemployment in Mauritius?
b) Critically analyze the policies that the government could adopt to alleviate the unemployment problem in Mauritius.
The Multiplier In his theory Keynes asserted that consumption is a function of income, and so it follows that a change in investment, which we may call ΔI, meaning an incremen
a) A reduce in supply and an enhance in demand will cause the equilibrium: b) Which of the following is most likely to cause a reduce in the present demand for some product X
is indian companies running a risk by not giving attention to cost cutting?
Perfect Competition The model of perfect competition describes a market situation in which there are: i. Many buyers and sellers to the extent that the supply of
General and Selective Credit Control These are imposed with the full apparatus of the law or informally using specific instructions to banks and other institutions. For insta
STAGFLATION The term stagflation is a recent arrival in economic literature derived from joining together the stage of stagnation and flections of inflation. The term has been
Part A : Select one of the following economic issues and discuss how it impacts on your organisation. Analysis of consumer demand Cost analysis Market structure and
Calculate point elasticity of demand for demand function Q=10-2p for decrease in price from Rs 3 to Rs 2
what is the role of managerial economics in running a business?
Demand Function for Money In the Keynesian analysis , the demand for money is a function of the level of income and the rate of interest. According to Milton Friedman, the dema
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