Q1. Differentiate between the internal and external environment of the business.
Q2. In brief describe the significance of infrastructure in the economic development.
Q3. Recognize two obstacles to economic growth in your country and describe why you consider them as the obstacles.
Q4. Write down the two arguments in favor of a disinvestment policy in the public sector of in your country.
Q5. Describe the interaction among the economic and non-economic environment of business by means of illustrations.
Q6. Describe the conditions under which surplus capacity will appear under the monopolistic competition.
Q7. Describe the Cournot model of duopoly with the assist of reaction curves.