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a) Explain the perverse incentive.
b) What makes the incentive perverse?
c) How could the incentive makers better the incentive?
Comparison with Other Countries: The basic purpose of this type of comparison is that: (i) it helps us to know the potentials of growth that can be built up in an economy,
ADVANTAGES AND DIS ADVANTAGES OF MONOPSONY
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What is checkable bank deposits?
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Define the price ceiling A price ceiling is a highest price that sellers can charge for a product.
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