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How might governments use buffer stocks to stabilise prices?
Explain/outline a buffer stock scheme in brief as a method for government (in this case) to warehouse (stock) goods for shorter periods of time when the market price tends to go below a desired level - and then releasing quantities from stocks when the market price tends above a set ceiling price.
diffence b/n fixed and variable input
You are the CFO for Carnival Corportaion and your boss, the CEO informs you that he wants to add three new cruise ships to the company''s inventory. Each ship will cost $500 millio
Managerial theories of the firms
Economic Value to Customer Economic Value to Customer = EVC x = [LifeCycle costs of a competitor's product in relation to a home firm] - [Start-up Costs for the home fir
Problem 1: a) Explain the different types of unemployment that exist. b) Critically examine how monetary policy can be used to deal with inflation. c) Critically examine
is the industry of electric power on the large economies scale
illustrate and discuss implications of various market structure(non competitive and competitive) for price determination
The Cost Minimizing Input Choice - Assumptions Two Inputs: Labor (L) & capital (K) Price of labor: wage rate (w) The capital price - R = depreciation ra
How might one assess if a country in experiencing both growth and development? This is a matter of explaining clearly both growth and development; growth is an enhance in GDP (
a) Explain the conditions under which a monopolist is able to price discriminate. b) Demonstrate the relationship between a firm's marginal revenue function and its relationship
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