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Economics of Enterprise
Which of the following statements is false?
a) Culture as a concept derives from the fields of organisational and industrial psychology.
b) Culture can be viewed as a social construction and as an implicit feature of social life.
c) Culture is not a well-defined concept.
d) Culture is central to understanding control and resistance in society, organisations, and social groups.
Economics of Enterprise
Give a detailed explanation on the “ benefit principle” of taxation and equity
Economics of Enterprise
Use figure 3 to discuss the long - run equilibrium position of perfect competition and monopoly , focusing on profit maximising and conditions in long run equilibrium
Economics of Enterprise
Cash transfer programmes could influence the behaviour of recipients in ways that could undermine the poverty‐alleviating effects and cost‐effectiveness of these interventions” (Black et al. 2017).
Do you agree with this statement? Motivate your answer with a discussion.
Do you agree with this statement? Motivate your answer with a discussion.
Economics of Enterprise
Using the “benefit principle” of taxation and equity, argue for and against e‐tolls in South Africa, reflecting on the above case study.
Economics of Enterprise
What are the principles of new growth theory?
Economics of Enterprise
Q.3.3
Analyse the use of subsidies in South Africa as a means of redistributing income, focusing on the costs and benefits of the program.
(10)
Analyse the use of subsidies in South Africa as a means of redistributing income, focusing on the costs and benefits of the program.
(10)
Economics of Enterprise
Q.3.2
Discuss the causes of an increase in government expenditure using Brown and Jackson’s microeconomic model.
(10)
Q.3.3
Analyse the use of subsidies in South Africa as a means of redistributing income, focusing on the costs and benefits of the program.
Discuss the causes of an increase in government expenditure using Brown and Jackson’s microeconomic model.
(10)
Q.3.3
Analyse the use of subsidies in South Africa as a means of redistributing income, focusing on the costs and benefits of the program.
Economics of Enterprise
Keynesian believe that fluctuations in economic activity (business cycle)
Economics of Enterprise
Are X‐efficiency and allocative efficiency one in the same thing? Discuss with the aid of a graph.
(10)
Q.3.2
Discuss the causes of an increase in government expenditure using Brown and Jackson’s microeconomic model.
(10)
Q.3.3
Analyse the use of subsidies in South Africa as a means of redistributing income, focusing on the costs and benefits of the program.
(10)
Q.3.2
Discuss the causes of an increase in government expenditure using Brown and Jackson’s microeconomic model.
(10)
Q.3.3
Analyse the use of subsidies in South Africa as a means of redistributing income, focusing on the costs and benefits of the program.
