A perfectly competitive firm is better than monopolistic firm in terms of economic efficiency. Discuss and describe with aid of diagram.
What are the disadvantages and advantages of monopoly market?
Is Protectionism always advantageous? Discuss and describe with aid of exs.
To what extent can a country actually rely on principle of Comparative advantage before engaging in international trade?
To what extent is economic growth advantageous to economy?
Describe using diagrams why a 10 % raise in investment leads to a higher percentage raise in National Income?