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What are the various forms of aid a developing country might receive?
Here the student must show clearly the difference between grant (donor) aid; reciprocal (tied) aid; bilateral aid; multilateral aid; soft loans; and writing off debt. For higher marks, the student should not simply list several types, but be able to give examples and perhaps put into context.
Sources of monopoly power: The main sources of monopoly power include the following: (i) Control of the entire supply of a basic input . It only one firm has access to or co
A Competitive Short Run Supply Curve of Firm * Observations: - P = MR - MR = MC - P = MC * Supply is amount of output for every possible price. Thus: - If
1. Go to the website for MarginalRevolution. Find">http://www.marginalrevolution.com Find two posts that related to microeconomic topics that we are covering and write about on
explain how macro and micro issues may be represented using production possibility curve
Select a news article dated within the previous two months and analyze the issue using the economic concepts and theory learned in this class
Suppose the demand curve for a consumer for coffee is: Q = 6 – 2P, where Q represents the number of cups per day and P is the price of coffee per cup. Question: Suppose the
The idea for the national accounts came during the 1930s depression in the U.S., when decision-makers wanted to get a better sense of by how much economic production had fallen. Si
explain stages and various coordination mechanism involved in policy process
Meaning of absolute cost difference and comparative cost difference.
1. Through graphs describe the relationship between the price, P , and the average total cost, ATC , for a firm in perfect competition when it earns an economic profit; earns a n
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