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Describe the procedures of Registration of Partnership in the Business Organization. What are the different classes of shares and debentures?
Write down significance of demographic transition theory. Describe the basic concepts of national income.
In Zambia, is the demand for fuel elastic or inelastic? Explain why? State an illustration to support your answer.
In a free-market economy, how much and how frequently do you believe the government must intervene by setting price floors and ceilings? Explain why?
Draw and assess the decision tree by the roll back technique and find out the best strategy.
Get a second-order total differential (that is, quadratic form in dS and dU), express this in matrix form, and investigate whether the second-order conditions for the maximum or minimum are satisfie
Distinguish between the symmetric and the asymmetric encryption system giving illustrations where essential to support your answer.
Describe, with examples and illustrations, two economics effects that are associated to the demand side of the internet.
Derive Long Run Average Cost Curve (LAC) from the Short Run Average Cost Curves (SACs). Describe determination of Wages under Imperfect Competition.
Make a distinction the substitution effect and income effect of a price change and illustrate same by way of diagram for the case of normal good.
Make a distinction between the characteristics of a perfectly competitive market and those of a monopoly market structure.
Assume that the demand of butter rises from 20 to 25 when its price reduces from Rs 100 to Rs 80. Assume also that the demand for margarine reduces from 30 to 26.
Make the strategic-form game for the above strategic bidding problem. Describe the dominant strategy and the Nash equilibrium of game. The government is the big winner in this case. Describe why.
Now that you are an expert on elasticity’s, what do you think would be the best time of year to raise prices, and why?
Illustrate out the Break Even Analysis. Describe the two techniques of computing Break – Even Point with illustrations. Explain the Price-output determinative under Oligopoly Market.
Explain the Modern theory of the international trade. Describe the case for and against floating exchange rate?
What do you understand by ‘History of Economic Thought’? Explain the concept of materialistic interpretation of history as envisaged by the Karl Marx.
What are the aims and merits of Advertising? What are the attributes of a better advertisement copy? Describe the monetary theory of the trade cycle.
What is meant by substitution effect ? Explain the slutsky substitution effect.Define the Resource Combination. Explain the concept of “Optimum Factor Combination”.
By using a simple demand and supply diagram describe what is meant by the term equilibrium price.
Describe with relevant diagrams the price and output determination under Perfect competition. Describe the distinction between General Equilibrium and Partial Equilibrium.
Differentiate between Sink cost and opportunity cost and hence explain the situation in which they are significant.
What is the role of the trade union movement in 2012 and beyond? Give apparent reasons for your choice of explanations.
An increase in demand curve for orange juice will be shown as aleftward shift of the demand curve, rightward shift of the demand curve, movement up along the demand curve and movement down along the d
Draw typically shaped supply and demand curves for hot dogs and indicate equilibrium price and quantity. Use graph to show what would happen to equilibrium price and quantity of hot dogs if there is