Level Economics Essay Help

Level Economics Essay Help-63
The best way for government to sell available resources is to declare an auction. Modern auction theory is a very powerful tool for designing auctions of very profitable kind.Proper auction design will rise maximum amount of money for the government and provide companies with resources they need.They were: United Kingdom, Austria, Germany, Italy, Netherlands and Switzerland.

In each paragraph, a flow of main idea (thesis) - explanation / reasoning (justification) - evidence / example (support) is an excellent structure to use.

If you read through academic writing, you will find this structure over and over. There are of course other structures, however this one always works and makes you sound concise and clear.

Among other reasons of its popularity stands direct importance of its ideas to modern businesses and governments.

Nowadays any business sector is more or less competitive, which requires all it's participants to be dynamic and creative.

This fact allows as to trace features of the auctions that were successful and resulted in relatively high revenues for the government.

There were 6 European countries to held spectrum right auctions in 2000.

However actions that maximize profits for the government have a direct influence also on the life of the citizens, as Dixit puts it: "...because of significant contributions the budget, auctions affect important macroeconomic magnitudes, such as interest rates".

So, auctions held by government, and to be more specific properly designed actions directly influence the life of modern country.

Participants were not completely aware of the usefulness of 3G cell phones, but were eager to get competitive advantage in the new generation mobile communication technology.

Secondly, UK sold 5 licenses to the market with 4 major phone operators.


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