Role of financial institutions in mitigation effort
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Mitigation: Microfinance institutions. ... Those institutions with good leadership, sound financial management and accounting systems, and a certain level of disaster preparedness manage to respond faster and better to the disaster situation.
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For a perfectly competitive firm with no market control, the marginal revenue curve is a horizontal line. Because a perfectly competitive firm is a price taker and faces a horizontal demand curve, its marginal revenue curve is also horizontal and coincides with its average revenue (and demand) curve
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