To what extent might the problems of negative externalities be resolved by the use of indirect taxation? [15 marks]
To what extent might the problems of negative externalities be [...]
Compare the failures arising from public goods and merit goods
Market Failure refers to the inability of the free market [...]
Evaluate the best way to resolve market failure in healthcare industry.
b) Evaluate the best way to resolve market failure in [...]
Explain how health-care & education might represent cases of market failure in the economy [10 marks ]
a) Explain how health-care & education might represent cases of [...]
Using diagrams, explain how the incidence(burden) of an indirect tax may be affected by the price elasticity of demand. [10 marks]
(a) Using diagrams, explain how the incidence(burden) of an indirect [...]