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Write an essay explaining that the quantities of goods and services that we can produce are limited by both our available resources and by technology.
Assume we want to increase production of one good. illustrate the limit to what we can produce. A diagram will enhance your answer
A government tax on luxury goods changes the equilibrium price and quantity of those goods. Discuss the implications for consumer surpfus. producer surplus and welfare. Use relevant diagrams to support your answer.
How would Total Revenue change if there was a price increase on the elastic part of the demand curve?
Using a diagram discuss how a perfectly competitive firm maximises benefit to society as a whole.
There are several obstacles to efficiency that can exist. Describe these with the use of examples.
"It is noted that there exists a diminishing product of labour".
Explain the above statement.
a) Stockpiles refers to the accumulated (or excess level of) supply Ford motor vehicles, i.e. too much production given the level of demand. The purpose is to prevent possible shor
Q. Demerits of profitability index method? Demerits of PI method:- (i) This method is complicated to understand and implement (ii) Calculations in this method are complex
given just the sales and profit values, how is the break-even sales calculated?
What are the advantages and the disadvantages of a new stock issue? A new stock issue increases funds and decreases the riskiness of the firm. It as well tends to send a negat
Lincoln Park Zoo in Chicago is considering a renovation that will improve some physical facilities at a cost of $1,800,000. Addition of new species will cost another $310,000. Addi
Q. What is Current Asset? Current Asset - ASSET which one can reasonably expect to convert into cash, sell or consume in operations within a single operating cycle or within a
Calculate the Operating Cashflows from 2007 - 2011 using the indirect method to add back depreciation. Suppose that depreciation will grow at the similar rate as sales.
Accounting Standards The paradigm shift in the economic environment during last few years has led to increasing attention being devoted to accounting standards as a means towa
Explain about the International Finance When money crosses international boundaries businesses,individualsand governments should deal with special kinds of problems. Every c
Illustration An investor with a 1-year investment horizon purchases a 20-year 5% corporate bond. The prevailing price of the bond is Rs.82.3488 for a yield of 6.2%
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