Questiona with reference to price elasticity of demand, Ask an Expert

Economics

QUESTION

(a) With reference to price elasticity of demand, discuss and illustrate the effects on government revenue of increasing value added tax on goods and services.

(b) What are the factors affecting price elasticity of demand for tourism in Mauritius?

(d) Explain, with the help of relevant examples, the relationship between private, external and social costs and benefits.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9586180

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