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Identify factors that encourage firms to collude indirectly in an oligopoly market. Build a case study in the context of Bangladesh.
Namibia’s small population of about 2.3 million is a curse rather than a blessing”. Use the arguments of the neoclassical economic theory to discuss this statement.
Wage inequality and globalisation: Has the move towards a more integrated South
African economy brought with it greater demand and supply mismatches.
▪ Finally, in light of the unique socio-economic challenges facing the country, provide a few recommendations on how the South African government can best manage the push towards the fourth industrial revolution, so as to improve the employment of labour in the economy whilst subsequently providing a more inclusive and equitable economic structure.
Specifically the price of tickets between Lusaka and Livingston’s increased from 200 kwacha to 250 kwacha . The demand equation is Qd =200-5p. Calculate the old price quantity demanded and the new price quantity demanded level
Consider the perfectly competitive market for diesel . The aggregate demand for gasoline is the demand for gasoline
Qd=100-p while the aggregate supply is Qs =3p work out the equilibrium price and quantity
When normalizing the parameters for a Cobb Douglas Function, prove that the utility is unique only up to a monotonic transformation if α = 0.3
