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this is an examination of costs and revenue to explain whether a venture will make a profit this is significant information in deciding on whether to
members of the organization for economic cooperation and development are 20 countries formerly signed the convention on the organization for economic
consider the case of cleaning up chemical contamination at an industrial site the marginal benefits of additional cleanup are decreasing as the
it refers to the study of feasibility of a project in terms of its total economic cost and total economic advantages it means to compare total cost
capitalism is the dominant most used form of government there is in the globe today presently over 80 of countries use capitalism and a free market
trade barriers come in a lot of forms quota is one this is when a country sets a limit to the imported products this is completed for a number of
the benefits of capitalism are that the governments have limited control over other business which lets business
project feasibility study is needed to make a decision whether the project proposal is technically and economically possible after finalization
privatization is the move of ownership from the public sector government to the private sector
what is the impact on the economy if price ceiling or price floor were removedans price ceiling is government system or laws setting price floors or
price mechanismprice mechanism is the point which equilibrates supply and demand within a market it is a mechanism of pricing the price mechanism is
an experiment is explained by an exponential random variable with mean and x1 and x2 a proposed test of the hypothesis 2 next to the alternative
differences between absolute advantage and comparative advantage ans absolute benefit and
benefits of regional integration most economic experts cite that regional integration permits disadvantaged countries to realize economies of scale
what are the differences between perfect competition and monopoly competitionans in a monopoly you are gaining an unfair benefit over any competition
to determine of the wealth is earned by nations by economic activates all around the globegross national income comprises the total value of goods
oligopoly is a marketplace where the deliver is controlled by a small group of companies in this condition the actions of single company will have a
in principle outsourcing makes things a little inexpensive and enhance profitability though some things require to be done in house for example some
when single business or corporation dominates its area and squeezes out all its competition the result is the consumer does not have a open choice
foreign exchange risk is the level of uncertainty that a company must handle for changes in foreign exchange rates that will unfavourably affect the
usually the government is very good at wasting money and resources so less spending by the government helps the economy as those resources are
there are 4 main types of market economies they are also called as economic systems the four are free market mixed market traditional and command
what are its effects on the indian economyans it is largely positive globalization has brought a lot of jobs and large sums of investment to india
what is the difference in changing the scope between a spiral approach and a waterfall approachans the scope of needs changes in waterfall model is