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Problem 1:
Health insurance leads to health promotion. Using diagrams, describe the impact of health insurance on the demand for health care.
(a) Distinguish between negative and positive externalities? Justify your answer using examples.
(b) To what extent do government policies corrects for both externalities?
Problem 2:
(a) Using diagram, describe the impact of:
(i) Wage floor in the labour market.
(ii) Rent ceiling in the market for apartment.
(b) Describe the economic impact of taxes.
(c) Using the demand for cigarettes determine the effectiveness of a tax levy.
Q. What is Corporation? A corporation is a form of business established as an independent legal entity, separate from individuals who own it. A main benefit, for owners, of thi
Tc and TVC curves have an inverted s-shape
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Growth of Agricultural Production and Productivity: Post-independence period was marked by severe and recurrent shortages of foodgrains. Dependence on imports of foodgrains wa
The price at which output is sold in a perfectly competitive market is determined by
Allocative Efficiency The production of products and services such that stages of production are closely tied to levels of customer demand.
what is aridge line and significance in economics.
#question.describing risk,preference towards risk, the demand for risky assest.
what is Microeconomics?
I have an online test which needs to be done on 60 min, would this website be able to take it with me? like to be available for 60 min answering the multiple choice questions with
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