July 22, 2021

International trade restrictions

Argue for and against international trade restrictions.
July 22, 2021

Tariff and quota

Distinguish between a tariff and a quota as applied in International Trade.
July 22, 2021

Advise on pricing strategy

You have been hired as a consultant by a firm producing bread to advise on a pricing strategy that would enable the firm to maximize profits. […]
July 22, 2021

T Chart with the concepts and definitions

Use the database of the Virtual Library to research and explore the definition of each of the concepts listed in the vocabulary section of the workshop. […]
July 22, 2021

The hindrances encountered in estimating national income values

Briefly explain the hindrances encountered in estimating national income values of a developing country.
July 22, 2021

Hypothetical consumption function

Given a hypothetical consumption function of the form: C = a + bYd Where Yd = Y – T And Y = Income T = Taxes […]
July 22, 2021

circular flow of income analysis

(i) Based on the circular flow of income analysis, explain why marginal propensity to consumer plus marginal propensity to save equals one. (5 marks) What is […]
July 22, 2021

Income, Consumption and Investment

From the references described in the module, and the suggested resources for the course, choose an article that deals with a country’s income as a determinant […]
July 22, 2021

The demand and supply

The demand and supply schedules for carrots in a certain market are given below: Price per ton (Sh „000‟) Quantity demanded per month (Thousands of tons) […]
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