Whether a monopolist is able to increase his revenue by restricting his output depends on the shape of the_________
An example of a vertical combination is the merger of_________
When of the following matters may account for changes in supply?
I - technological advances in an industry
II - changes in labour costs
III - changes in source of supply
IV - changes in levels of taxation
A supply curve slopes upwards from the left to the right indicating__________
Use the following information given to answer this question
Total of all expenditure incurred during the year ₤ 80,000m
Indirect taxes on goods and services ₤ 8,000m
Capital consumption ₤ 6,000m
National income is__________