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The five sector model, often used in economics, outlines the interactions between different sectors of an economy to understand how they contribute to overall e
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Economics









What will happen if the resource and the competition increase?


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If both the resource and competition increase, it may lead to greater overall productivity and innovation as more players enter the market, driving advancements
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Economics









What is the Advantages of hawkers?


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Hawkers provide affordable and accessible food options, often featuring diverse and authentic cuisines that reflect local culture. They contribute to the vibran
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Economics









What is a cyclical disequilibrium?


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Cyclical disequilibrium refers to a situation in an economy where there is a persistent mismatch between supply and demand due to cyclical fluctuations, often i
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Economics



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Why you choose fmcg sector?


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I chose the FMCG sector because it offers a dynamic and fast-paced environment that continually evolves with consumer trends and preferences. The opportunity to
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Economics









What are advantages of an unregulated market economy?


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An unregulated market economy encourages innovation and entrepreneurship by allowing businesses to operate freely without government restrictions, leading to a
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Economics









Is the best explanation for why a businessperson would be willing to invest in such research?


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A businessperson may be willing to invest in research to gain a competitive advantage, as innovative findings can lead to new products, improved processes, or e
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Economics









In the long run potential growth in the economy and a rise in real GDP per capital might occur from all of the following except?


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In the long run, potential growth in the economy and an increase in real GDP per capita may occur from factors such as technological advancements, increases in
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Economics









Difference between discount broker and full service broker?


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A discount broker offers trading services with lower fees and commissions but provides limited or no investment advice, research, or personal financial planning
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Economics









Why is it important to learn lifetime activities?


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Learning lifetime activities is important because they promote long-term physical health and well-being, encouraging individuals to stay active throughout their
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Economics









What did Peter Drucker believe to be the most important factor to increasing a nations wealth?


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Peter Drucker believed that the most important factor in increasing a nation's wealth was its ability to foster innovation and entrepreneurship. He argued that
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Economics









What is the managerial implication of perception?


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The managerial implication of perception lies in understanding that employees and stakeholders interpret information and experiences differently, which can sign
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Economics









When does a trade considered as a favorable balance of trade and unfavorable balance of trade?


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A favorable balance of trade occurs when a country exports more goods and services than it imports, leading to a trade surplus. Conversely, an unfavorable balan
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Economics









How are product variety and production quantity related?


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Product variety and production quantity are inversely related in many cases. As product variety increases, it often leads to smaller production runs for each in
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Economics



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What is the economic growth rate of Nepal as per latest report?


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As of the latest reports in 2023, Nepal's economic growth rate is estimated to be around 4.1%. This reflects a gradual recovery following the impacts of the COV
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Economics









Is it good to run trade surplus and bad to run trade deficit?


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A trade surplus, where a country exports more than it imports, can indicate a strong economy and competitiveness in global markets, potentially leading to job c
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Economics









Are hazel fossey price and kathryn kitty price the same person?


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Hazel Fossey Price and Kathryn "Kitty" Price are not the same person; they are distinct individuals. Hazel Fossey Price is known for her work in the f
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Economics









What is adjective of noun economy?


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The adjective form of the noun "economy" is "economic." It relates to the production, distribution, and consumption of goods and services in
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Economics









What causes and economic contraction?


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An economic contraction is typically caused by a combination of factors, including decreased consumer demand, reduced business investment, and external shocks s
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Economics









How microeconomics leads to efficient resource allocation?


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Microeconomics facilitates efficient resource allocation by analyzing individual decision-making and interactions within markets. It examines how consumers and
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Economics









The development of a set of functional-level strategies to increase the performance of the operating?


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Developing functional-level strategies involves aligning specific departmental goals with the overall organizational objectives to enhance operational efficienc
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Economics









What are the four economic goals and explain how each of these goals contributes to the American idea of democracy?


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The four economic goals are economic growth, full employment, price stability, and equitable distribution of income. Economic growth fosters opportunities and e
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Economics









In what way is marginal benefit related to economic choice?


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Marginal benefit refers to the additional satisfaction or value gained from consuming one more unit of a good or service. It plays a crucial role in economic ch
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Economics









What type of economic model fits this descriptionThe basic problems of scarcity and allocation of limited resources are solved by production for use or need rather than production for profit.?


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The economic model that fits this description is a planned economy or command economy. In this system, the government or central authority makes decisions about
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Economics









Why do you think countries with poor economies often have unstable government?


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Countries with poor economies often struggle with unstable governments due to a lack of resources needed for effective governance, such as infrastructure, educa
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