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QUESTION 1:
Assuming that you are a consultant on the ‘Light Rail' project and you are asked to forecast demand for this mode of transport. What are the forecasting techniques that you may consider to use?
QUESTION 2:
Explain the importance of a knowledge of elasticities of demand and supply for
a) a manufacturer of mobile phones b) a stakeholder in the sugar industry or in the textile industry c) the Minister of finance
privatization can always decentralise economic power. critically discuss
Unions tie the hands of management and inhibit efficient decision making
three basic economics difference between them and definations
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strugling with research variables and problem
what do you understand by private & public goods. Distinguish between private and public goods.
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