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- The central economy in market research is solved by.(a) Demand for goods(b) Supply of goods(c) Planning authority(d) Market mechanism(e) expalin normative economic analysis (f) explain market economy in your own words. (g) what do you mean by centrally planned economy? (h) sugar industry is a subject matter of micro economics. Give reason?When conducting research, which of the following steps would conduct first? a. Developing the sample b. Reviewing literature c. Identify the broad problem area d. Developing hypothesis
- Which one of the following is a microeconomic issue? (a) The rate of economic growth in South Africa. (b) The price of maize in South Africa. (c) The unemployment rate in Zimbabwe. (d) The South African inflation rate.Sustainability" A. is a concept that emerged due to human lifestyles that don't align with earth's natural cycles. B. is an ancient concept that has always been a challenge for civilizations back to indigenous peoples to overcome. C. is a well-defined concept meaningfully addressed by companies who choose to make it a priority. D. is characterized by all of the above.Economics system - role of consumers, producers, government and Voluntary sector in the welfare of economic stakeholders
- (h) sugar industry is a subject matter of micro economics. Give reason. (i) what do you mean by alternative uses of resources? (k) unemployment in India is a subject matter of microeconomics or macroeconomics, give reason.A) Let’s practice being creative and innovative. Identify or try to include elements/ideas which can be something you have done for your courses, while studying, at home, at workplace or elsewhere as follows: ONE (1) element/idea that can be considered as creative ONE (1) innovative element/idea.Procurement- Which one of the following is not a reason to purchase globally? A. Product availability B. Labor availability C. Reserving capital for other purchases instead of using it for equipment needed. D. Budget surplus to use before year end
- Please include steps and explanations, thank youA merit good is a good or service that Select one: a. the political process has deemed socially desirable. b. should be taxed to correct the market failure and allocative inefficiency. c. cannot be individually consumed. d. would be overproduced by the private market.Both the social sciences and the natural sciences employ ________ to help them understand the world around them. implications traditional thinking theories designs