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outline challenges faced by manufacturing sector and the strategies to overcome those challenges as outlined in the fifth National Development Plan(NDP5)
Discuss the main issues raised under the three cross-Cutting development issues namely, HIV Aids ,Gender and the Enviroment
In the production or operations process a large variety of production means are combined in order to produce the planned output(s). When the ratios between combinations of production means are changed, the magnitude of the output which is produced therewith usually also varies. This phenomenon is the result of the operation of the law of diminishing marginal returns. Discuss in full the operation of the law of diminishing marginal returns including its relationship with economies of scale.
You are a resident, your house is on the border of an industrial area. There is a large factory near your house that manufactures products that are transported to another province. Large trucks call at the factory day & night & causes air pollution & a deafening noise. “If the transport enterprise would pay me some compensation for the noise & pollution I would be able to sell my house or possibly put up with the situation. But things can’t go on like this” complained Mr. A to a member of the town council. “Never mind” he said “I’ll think of a way of getting them to pay for the external costs.”
1. What do you consider the external costs is?
2. How could the town council compel the transport enterprise to pay for these costs?
3.What is the most important limitation regarding the introduction of pollution charges?
The British Columbia government recently increased the minimum wage from $14.60 per hour to $15.20 per hour. The new minimum wage was implemented as of June 1, 2021. Drawing from what you have learnt on the topic “labour demand” and from related literature, what do you think might be the implications on employment and wages in the Province?
What is a duty of an external auditor?
What are internal risks in auditing
Which one of the following is NOT a possible relationship between income and spending
Select one:
a. None is a relationship
b. Income is higher than spending
c. Income equals the level of spending
d. Spending is higher than income
One of the following cannot be considered as a factor that affect consumption
Select one:
a. None of the options are correct
b. Interest rates
c. Wealth
d. Price expectations
One of the following best explains consumption spending
Select one:
a. Spending on infrastructure
b. None of the option are correct
c. Spending on capital goods
d. Spending on final consumer goods
