Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Solved Assignments
Asked Questions
Answered Questions
Describe critically the various methods of demand forecasting.
What do you mean by marginal costing? What are its merits and demerits?
What do you mean by the term Standard Costing? Bring out clearly the relationship between Standards Costing and Budgetary Control.
Define the term budgetary control. State the benefits of budgetary control in an organization.
Illustrate out the rationale for conducting the expansionary monetary policy throughout periods of recession.
Discuss and illustrate out which channel(s) for transmission of monetary policy is (are) likely to be significant for a developing open economy like Mauritius.
Keynes examined three (3) motives for demanders of money. Illustrate out these motives clearly. Make a distinction between an operating lease and a finance lease.
Describe the different properties of Indifference curve; also describe consumer's equilibrium with Indifference curve.
Explain the extent of DVC debt, consequences, and possible solutions including debt forgiveness. List and explain nine policies for promoting economic growth in the DVCs.
Write down three disadvantages of flexible exchange rates. Write down three ways a nation could control exchange rates under the fixed rate system.
Write down the main imports and exports of the United States. Write down two economic points which describe why nations trade.
Write down the negative effects related to rising health care costs. Describe what you mean by the over allocation of resources to health care industry.
Describe the crowding model of occupational discrimination. Write down three main antidiscrimination laws and policies which involve direct government intervention.
Describe the impact of income mobility on income distribution data. Explain changes and causes for changes in inequality through the 1929 47, 1947 69, and 1969 96 periods.
Use public choice theory to explain the contradictions in U.S. farm policy. Explain the world trade impact of current farm programs in the European Union and the U.S.
Describe how the Herfindahl index is used as the guideline by government in deciding whether to permit horizontal mergers.
Distinguish between benefits-received and ability-to-pay principles of taxation. Describe the relationship between elasticities of demand and supply and efficiency loss of a particular tax.
Explain graphically the collective demand curve for the particular public good and describe this curve.
Describe the single-tax theory and its criticisms. Describe how rent functions as a cost to the individual firm.
Describe the demand factors which create wage differentials. Describe the supply factors which create wage differentials.
Mention the rule for determining the least cost combination of resources. Determine the least cost combination of resources when given appropriate data.
Write down the possible sources of R&D financing. Describe how marginal utility theory can be used to find out the success or failure of a new product.
List the characteristics of monopolistic competition. Differentiate between homogeneous and differentiated oligopolies.
Write down the five characteristics of pure monopoly. Describe the difference between a “pure” monopoly and a “near” monopoly.
Determine the short run supply curve when given short run cost schedules for a competitive firm.