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Foreign Direct Investment: It is an investment by a company (based in one country) in an actual operating business, including real physical capital assets (such asmachinery, buildings and equipment), located in another country.
discuss how the price mechanism allocate resources in a free market system
an explanation of the meaning of price ceiling
How does the production possibilietes curve relate to present day economics?
Problem 1: How can a manager of a supermarket maximise total revenue using various concepts of elasticity of demand? Use examples to illustrate. Problem 2: What are the
solution of central problem of an economy
what is the theory of second best ? prove the theorem with the help of a diagram ?
What does economic theory contribute to managerial economics? Explain
Explain how normal profit and abnormal profit differ. Normal profit (breakeven) - which must contain commentary on the inclusion of opportunity costs. Abnormal profit should be
Returns to Scale Measuring relationship between scale (size) of a firm and output 1. Increasing returns to scale: output more than doubles when all the inputs are doubled
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