Quota or license (usually used for negative production like factory)
Quota or license (usually used for negative production like factory) [...]
evaluate if taxation is effective to solve for negative externalities from smoking
evaluate if taxation is effective to solve for negative externalities [...]
Explain how consumption of cigarettes lead to market failure (10)
Explain how consumption of cigarettes lead to market failure (10) [...]
Evaluate how an increase in price of petrol may impact taxi fares for consumers
(a) Evaluate how an increase in price of petrol may [...]
Using elasticity concepts, explain why some items experience huge price changes (10)
Using elasticity concepts, explain why some items experience huge price [...]