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a) Describe and derive the equilibrium contract offered to high risk individuals. b) Describe and derive the equilibrium contract offered to low risk individuals.
use of diagram how the price mechanism operates to allocate scarce resources. use examples to illustrate the answer.
Direction of Trade: It is indicative of the structure and level of economic development. As a country develops and its trade gets diversified, it has to seek new outlets for i
discuss how economic theory explains the optimum pattern of consumption of an individual consumer
Separate Administrative Set-up for Exports: It may be worth examining the setting up of Foreign Trade Board, similar to what obtains in Japan (JETRO) and South Korea (KETRO)
limitations
discuss the implications of various market structure for price determination
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Solve equation P=200-Qs and Qs=4.5p +5
A monopolist''s demand curve is P=100-2q. find his MR function. at what price is MR zero
Define Nash equilibrium
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