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Economics, Accounting & Business: Post your doubts here!

memyself

memyself

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youzair said:
Answer is A...
can anyone explain! :/View attachment 13092
Click to expand...

Why would trade take place unless both the parties benefit?
Purchasers will only buy en\xtra quota if the existing quantity is insufficient and they can expand production to gain a reduction in average cost, that is they are producing below their profit maximising point
 
memyself

memyself

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A country decides to join a group of countries which maintain fixed parities for their currencies

and forbid any restriction on foreign trade and payments.

What will the country have to forgo to maintain a fixed parity for its currency?

A

an independent anti-monopoly policy

B
an independent fiscal policy

C
an independent interest rate policy

D
an independent prices and incomes policy
 
youzair

youzair

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memyself said:
Why would trade take place unless both the parties benefit?
Purchasers will only buy en\xtra quota if the existing quantity is insufficient and they can expand production to gain a reduction in average cost, that is they are producing below their profit maximising point
Click to expand...

thanks...
till when u r at XPC?
 
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