Define the term privatization
What do you mean by the term privatization?
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The handover of ownership from the public sector (government) to the private sector (business) is known as Privatization .
Assume that Monsieur Cournot cannot price discriminate although is intent on maximizing profit. Apart from of the magnitude of variable costs, Cournot would certainly not try to sell: (w) the output corresponding to p
Types of Surveys: Surveys can be classified by their method of data collection. Mail, telephone, and in-person interview surveys are the most common. Extracting data from samples of records is also frequently done.
I have difficulty in this question. Provide me correct solution of this to submit my assignment. What is the relationship among long run and short run costs?
Describe the implication of perfect knowledge regarding market beneath perfect competition.
Total revenue at your fried hushpuppy stand has been declining currently. Your partner persevere that increasing hushpuppy prices will increase total revenue, although you believe only as fervently which lowering prices will produce more total revenue
Monopolists are frequently considered inefficient since they set: (w) MR = MC to maximize profits. (x) P > MSC. (y) MSR < MSC. (z) output where average revenue equals price [AR = P] as well as marginal revenue equals marginal cost [MR = MC].
What is the formula for primary deficit? Answer: Primary deficit = fiscal deficit – interest payment.
The Screening devices employed whenever employers try to save adverse selection by the applicants for place do not comprise: (i) review resumes to recognize applicant’s qualifications. (ii) Needing non-compete clauses which prevent latest employees from working
Explain the term Oligopoly? Also explain its Characteristics?
Not like a purely competitive firm, here a profit-maximizing monopolist can: (w) charge any price it finds advantageous and be assured of selling all this produces. (x) select a price and output combination by a downward-sloping demand curve. (y) spen
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