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- Question 1 The process whereby countries in a geographic area coope with one another to reduce or eliminate barriers to the internationa flow of products people,or capital is called __ protectionism regional economic integration economic nationalism mercantilism
- 25 Extract B (lines 2-3 refers to the monopoly power of well-establisheo firms' in the supermarket industry. Explain two factors that could influence the monopoly power of firms in the supermarket industry. [10 marks]
- Question 5: consumer faces a utility function of the form: U-WC Where Wand Care the quantity of Wine (W) and Cheese (C) consumed. Given that the price of a unit of Wine is 3 per glass and the price of a unit of cheese is 6 perkg and the consumer has income of 3,000 to spend on both products. Required: a) Use the Lagrangian approach to find the optimum consumption bundle?ao marks)
- Which of the following is considered a fundamental measure for shareholders wishing to assess the returns on their investments: Earnings per share ratio Current ratio Gearing Ratio Interest cover ratio Inventory turnover period ratio
- n 52 When supply chain managers share information they are not looking for one of the following a. Reducing company's cost b. Increasing variability in sc c. Changing SC capabilities d. Changing a company