am at the stage where i dont know what to revise anymore but am still feeling like i've missed out something.
anyone else feeling like this?
Hi people i got another question to get you warmed up
Dicuss what would happen to Aggregate supply if government intervines in the automotive market to correct market failure? [20 Marks]
thanx anyway ploop it still helps make a start
I know this has been reffered to before but I'd be grateful if someone could explain it in a little more detail...I understand how concentrated markets lead to more abnormal profit, just not the following....
If the UK joined the eurozone, why might this lead to markets becoming more concentrated? (as in less firms)
I agree with wiseman01.. very wise! ha hah..
ha erm yeah, firms would lose market share and so could do the whole rationalisation thing where they reduce capacity and their number of employees to return to profitability.. And like wiseman said they could engage in more mergers & acquisitions to reduce unit costs, e.g. sharing R&D costs, which would make the market more concentrated. ALSO merging together could be a tactic to try to successfully enter the CEE market.
maybe? sounds pretty logical.. gahh i hope we get nice questions on friday!
can someone tell me the meaning of rationalisation please?!
anyone screwed the development paper??
suprisingly enough.... my teacher gave us the same charts as the one u posted...do they get these frm the OCR board?