Guruji's
Little Economists
Future Economists
Seeds of future prosperity lies in today's children,
Let's join our hands to nurture the seed,
To its fullest growth,
for the greater welfare of Society.
Let's be united to remove the
poverty
and corruption.
Sunday, November 11, 2012
Guardian: Water companies pay little or no tax on huge profits.
1) Define tax avoidance. [2]
2) Explain the reasons why should water companies works as monopolies.[6]
3) Using information given in the text and your knowledge of economics, discuss the role monopoly firms in the industry. [12]
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