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Privatisation in the narrow sense can take several forms: a) Total Denationalisation: This implies complete transfer of ownership of apublic enterprise to private hands. Some
ed=1 means p
schedule and diagram of iso cost
How does production possibility curve help solve central problems?
Value Added:Value added in a particular stage of production equals value of total output, less the value of intermediate products (comprising raw materials, capital equipment and o
Risk Neutral - A person is a risk neutral if they show no preference between certain, and an uncertain income with the same expected value.
During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use of supply and demand diagrams, how the following markets are affected in terms of
1. What is a resource market? 2. Describe resource demand and resource supply. 3. Define derived demand. 4. Describe the resource market demand and supply curve. 5. Define a te
what happens when price is fix and there is a change of the supply and demand curve
Highlight the few heading of it
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