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Was general MacArthur doing the right thing when he took his staff away with him to safety in Australia, or should he have taken wounded soldiers or U.S. Army nurses instead?


What elements of the institutional framework of the U.S. political system allow new, seemingly preposterous ideas to travel from the lunatic fringe to mainstream thinking? Can you think of any policy proposals that are currently considered ridiculous that are likely candidates for mainstream acceptance?


a) Lynn banda runs a sole firm in zambia called nyimbili enterprises such that he is the only supplier of infrared thermometers. Kindly state the scientific name given to Lynn banda and briefly describe the features of nyimbili enterprises. Graphically differentiate nyimbili enterprises from a perfect competitive market.
b) A certain region licensed only one firm to supply tap water within that region. Graphically illustrate why it is more economical to have a sole water supplier in a particular region.
Esther sikaale is a well known farmer from southern province of zambia who interacts with other members of the zambia farmers association to agree on where to supply their farm onion and tomatoes. Each farming season, he gathers his fellow farmers to discuss on the best on the best onion and tomato pricing model. As a student of principles of economics, assess the above scenario and appropriately use the Zambian statute to discuss the above somewhat behavioral economics.
Mr Shane's old corolla emits a lot of carbon such that it contaminates the entire compound. This carbon emission state is closely related to two (2) depravities that you once learnt in class. You are mandated to briefly explain these 2 economic depravities that affect literally most Zambians.
Make a comparative assessment of the consumption behavioral theories of life cycle hypothesis and the permanent income hypothesis
Critically evaluate the consumption behavioral theory of absolute income hypothesis
Why long - run aggregate supply (AS) schedules are drawn vertically and short -run schedules are upward - sloping

suppose m=30, p1=2, p2=3.

the government wishes to impose a quantity (i.e. per unit) tax of $0.25 on good 1.


Discuss poverty and inequality in South Africa.
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