ono 9. MONOPOLY The focus today’s lecture is the examination of how price and output is determined in a monopoly market. Pure monopoly is a single firm producing a product for which there are no close substitutes. It is important for us to understand pure monopoly since this form of economic activity accounts for a large share of output and it provides us with an insight into the more realistic market structure of monopolistic competition and oligopoly. It is characterised by: • a single
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A “SUMMER TRAINING” PROJECT REPORT ON COMPARATIVE STUDY BETWEEN PRIVATE SECTOR BANKS ANP PUBLIC SECTOR BANKS Submitted To: PUNJAB TECHNICAL UNIVERSITY‚JALANDHAR MASTER OF BUSINESS ADMINISTRATION(MBA) SESSION(2007-09) CT INSTITUTE OF ENGINEERING‚MANAGEMENT & TECHNOLOGY‚JALANDHAR (SHAHPUR CHAMPUS) PREFACE Someone has rightly said that practical experience is for better and closer to the real world then
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Public Private Partnership (PPP or simply P3) - Nigeria’s New Paradigm for infrastructure Development By Bob M. Achanya President‚ Kogi PPP Forum Cooperative‚ North Central Nigeria. Introduction Public private partnership (PPP) has recently gained prominence as a term to describe a business relationship in which public and private resources are blended to achieve a goal or set of goals judged to be of mutual benefit both to the private entity and to the public. According to the UNECE (2008)
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Is lottery a good idea? These days‚ a lot of people play lottery and spend a certain amount of money on it while few of them earn back what they spend. Someone says lottery is a kind of tax collected by the government on peoples’ luck and desire to be rich. In another aspect‚ lottery is also gambling‚ and it could make people to be a millionaire in a night if the person is lucky enough‚ however‚ it has a negative effect that it causes inequality‚ crimes and so on. So lottery is not a positive idea
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SECTOR: Whoever‚ being an individual firm‚ company or corporation generally deals in the business of money and credit is called bank. In our country‚ any institution which accepts‚ for the purpose of leading or investment deposits of money form public‚ repayable on demand or otherwise‚ and with transferable by checks drafts order and otherwise can be termed as a bank. The purpose of banking is to ensure transfer of money from surplus unit to deficit units. Banks in all countries work as the
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Good manners are a set of behaviors which mark someone as a civilized and cultured member of a society. Manners are usually taught from a very young age‚ with some people receiving additional training in etiquette‚ formal rules of conduct which apply to a variety of situations. Someone who lacks good manners may be considered boorish or inappropriate‚ and he or she may be at a disadvantage in many social situations. Ads by GoogleEnorme Revenu de chez-soifaire du profit en temps réel grace a une
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Public goods are good that have two special characteristics-non excludable and non-rivalable. Non-rivalable means that consume the goods of one person do not influence the consumption of others‚ of example traffic light‚ when a person use the traffic light‚ the quanlity of the light do not decrease‚ other can also use the goods under the same quanlity. Non-excludable means that every one can use the goods‚ nobody is exclude from using the goods‚ for example‚ national defences‚ no one is unprotectable
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Transforming Singapore Health Care—MK Lim 461 Commentary Transforming Singapore Health Care: Public-Private Partnership† MK Lim‚1FAMS‚ FRCP (Edin)‚ MPH (Harvard) Abstract Prudent health care policies that encourage public-private participation in health care financing and provisioning have conferred on Singapore the advantage of flexible response as it faces the potentially conflicting challenges of becoming a regional medical hub attracting foreign patients and ensuring domestic access
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Good governance‚ democracy and development By Aftab Ahmad Khan Government may be taken as connoting how people are ruled and how the affairs of the state are administered and regulated. It encompasses the state’s institutional and structural arrangements‚ decision-making process and implementation capacity. Conversely‚ it also implies the possibility that the government may be captured by self-seeking elites intent on plundering the nation’s wealth. Good governance depends on the extent to
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regulated Militia being necessary to the security of a free State‚ the right of the people to keep and bear Arms shall not be infringed. Rarely is the Second Amendment discussed in Constitutional Law textbooks‚ and other than for a slew of Internet resources (see below)‚ many people simply ignore it or shy away from the intense ideological debates. In this lecture‚ we cover both Second Amendment jurisprudence and Gun Control controversies. There are no known rights binding on the states as part of
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