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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.
Rating Elements A rating agency earns its reputation by assessing the client's operational performance, managerial competence, management and organiza
Carrefour & Tesco
A Ltd sells goods at Rs.10.P.U. Its variable cost Rs.7.P.U and fixed cost amount to Rs.1,70,000 it finances all its assets by equity funds. It pays 40% tax on its income. Z Ltd is
Explain how to resolve a "ranking conflict" between the net present value and the internal rate of return. Why should the conflict be resolved as you explained? Whenever there
formulae required to calculate
Q. Introduction of just-in-time inventory management? It has already been observe that a reduction in inventory due to the introduction of just-in-time inventory management ca
These types of securities have more than one coupon rate and each subsequent coupon rate is higher (or lower) than the previous coupon rate. For
What can a financial institution often do for a surplus economic unit that it would have difficulty doing for itself if the surplus economic unit (SEU) were to deal directly with a
What is a sunk cost? Is it relevant while evaluating a proposed capital budgeting project? Explain. A sunk cost is a cash flow which has previously occurred, or that will take
Solutions to this Conflict In common, to make sure that managers act to the best interest of shareholders, the firm will: (a) Acquire Agency Costs in the form of:
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