Discuss and describe how CPI is employed to find out inflation and what are the limitations of such a measure?
Growth is always beneficial and advantageous. Discuss
describe and describe the significance of both demand and supply factors in affecting the growth of GDP
Discuss and describe the assumptions of perfectly competitive market.
Analyse and discuss the effects on the firm’s profit and output of an raise in demand in the short run and long run.
Discuss and describe the various kinds of economies of scale and discuss whether they always enhance the welfare of consumers.
Discuss and describe the different kinds of price discrimination that a monopolist may use and what are the required preconditions for its application?
What determines the price elasticity of demand?