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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.
Limitations of Uneven Distribution of Income and Wealth Unlike the historical experience of the now developed countries, the rich in contemporary Third World Countries are not
APPLICATION OF MANAGERIAL ECONOMICS Tools of managerial economics can be used to accomplish virtually all the goals of a business organisation in an efficient manner. Typical m
BU 5210 Final Summer 2013 Economic Analysis
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Q. What do you mean by Legal Monopoly? Legal Monopoly: Some monopolies are engendered and protected under various laws. Inventors of new processes, devices or articles attain
Q. What do you mean by External Economies? External economies arise outside the firm as a result of improvement in industrial environment in that the firm operates. They are ex
a) The production-possibilities curve is? b) If there is a shortage in the provider of a product, we can conclude that its price: c) An enhance in supply and a
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