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how does economic theory contribute to managerial decisions?
What is good governance? Governance is fundamentally another word for government and is a necessary precondition for development. It is how governments employ their authority
How do institutions influence development? Institutions development influence: Institutions matter since they give opportunities for people and firms to participate into
Question 1: (a) There are few, if any, real companies with negative betas. But suppose you found one with β= -0.25. How would you expect this stock's rate of return to chang
Question 1: (a) Discuss the relationship that exists between financial capital and physical capital. (b) Analyse how a stock-market crash would drive an economy into a
What are colonial background countries of the development process? A colony is a country controlled by other. Various European countries had extensive empires as: • Latin
What is suitable technology? Technology is suitable when this employs methods which make the best use of accessible resources that is labour-intensive, straightforward techniqu
What are the major area of decision making ? How does economic theory contribute to managerial decision ?
How do economists differ from accountants in the use of the term profit ? Definition of rev and accounting costs Explanation/outline of opportunity costs, for example
purely competitive firms increase total revenue by
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