Introduction to India & Indian Economy: India is the seventh largest country by area‚ the second-most populous country with a population of over 1‚241‚491‚960 people. India is surrounded by three-water bodies namely Indian Ocean on the south‚ the Arabian Sea on the west‚ and the Bay of Bengal on the east. India shares its border with 7 countries namely Pakistan‚ China‚ Nepal‚ Bhutan Afghanistan‚ Burma and Bangladesh. India is a democratic country and is governed under a parliamentary system consisting
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barrier to entry in an oligopoly is economies of scale. Economies of scale generally refer to the cost advantages that will be associated with large organizations. Margaretta (2012‚26) suggests that companies pursue economies of scale in the belief that this will be decisive in determining a competitive advantage and increased profitability. Woolworths enjoys significant economies of scale in relation to its competitors. In the supermarket industry‚ benefits of economies of scale is usually achieved by
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Finance and Economics King’s Class 2 2013.04.21 The Index Page2:……………………………………………………………………………………Index Page3:………………………………………….…………………………………Introduction Page4:…………………………………………………………………..E-sport(Description) Page5:…………………………………..………The growth of E-sport(Cause and Effect) Page6:…………………………….…E-sport and Online games(Compare and Contrast) Page7:…………………………………………….…Put E-sport into Olympics(Argument) Page8:……………………………………………………………………………..Conclusion Page9:…………………………………………………………………………
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Sharing Economy Read the article (on pages 8-11) closely‚ then answer each question below. Write at least two to five sentences for each response‚ using evidence from the text to support your answers. 1. Describe the author’s purpose in the first two paragraphs of the article. Renting objects and places 2. Analyze the reasons the “sharing economy” is taking off now‚ according to the author. Enjoying a good time with strangers 3. The author writes that “whether the sharing economy is a bane
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ECONOMIES OF SCALE When a firm moves from small scale to large scale production‚ the average cost of production of each unit falls. The reasons for which this happens are known as economies of scale – they are the benefits which result in the cost savings of large scale operations which come about when a firm expands. In other words‚ economies of scale are advantages reaped by firms engaging in large scale production. There are two types of economies of scale. They are: * Internal economies
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PHILIPPINES TO LEAPFROG TO BE THE 16TH LARGEST ECONOMY BY 2050 ACCORDING TO IMF The Republic of the Philippines is one among those list of developing economy and owns the possibility of being one of the fruitful nation in the next succeeding decades. Our country is highly expected to jump 27 places to become the 16th largest economy by the year of 2050 as projected by The Hong Kong and Shanghai Banking Corporation International Bank. Resounding softly across the 7‚100 islands that form the Philippines
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Economy of Turkey About Turkey – Turkey is a vibrant amalgamation of two unique cultures‚ reflecting a diverse collection of ideas‚ beliefs and values. Crossing both European and Middle Eastern boundaries‚ Turkish society is patriotic and proud of its ancestry and achievements. The rapid modernisation of the country‚ combined with its traditional values‚ makes Turkey a fascinating market for foreign businesses but requires an understanding of its cultural design in order to secure your future
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1917 Page 30 - 36 - War broke out against Germany in 1914 as a result the Tsar became more popular than he had been for years. This was because … Everyone united because of the mutual hatred towards Germany The Tsar worked closely with the Duma STEP 1: THE EFFECTS OF THE WAR AGAINST THE SOLDIERS Page 30 - Support was loss because of the defeat from the Germans - Over one million soldiers were killed or taken as a prisoner by the end of 1914 however this number increased to 8 million by 1917.
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“The survival of the tsar regime in Russia between 1906 and 1914 was due to the weaknesses of its opponents” How far would you agree this verdict? I agree to a certain extent as I believe that there are many other factors which helped the tsar survive 1906-1914. Russia in 1905 was a nightmare; it was a bubbling pot that the tsar was trying to control which just wasn’t working. Some historians feel that the tsar survived the 1905 revolution because he didn’t face united opposition so it wasn’t
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Economies of scale The long run – increases in scale A firm’s efficiency is affected by its size. Large firms are often more efficient than small ones because they can gain from economies of scale‚ but firms can become too large and suffer from diseconomies of scale. As a firm expands its scale of operations‚ it is said to move into its long run. The benefits arising from expansion depend upon the effect of expansion on productive efficiency‚ which can be assessed by looking at changes in average
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