Other Economics Answers

1. What are the guidelines for successful business implementation?

2. What are the basic requirements to start a business?

Given the demand and supply equations: (2.5)

Qdx= 150- 20Px and Qsx= -30 + 50Px

Find

a) Equilibrium Price

b) B) if market price is Rs. 3.50, what will be the amount of surplus

units?

How does the form of economic system of South Korea and North Korea affect their state of

economy?

Contrast how a market system and a command economy address the problem of resource

allocation.

Why are economic goals important to the economy?

Discuss the role of government in managing the economy?

"Explain how production helps the economy to grow."

Compose a poem about the economy or economic system containing a minimum of four (4)

stanzas. Each stanza shall compose of four or five lines.

calculate mean marks

marks. no of students

0-10. 20

10-20. 24

20-30. 40

30-40. 36

40-50. 20

why globalization drivers are important?