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ECON20039: Economics for Managers

Question

Answered

(a) Explain what negative externalities are, and why there may be a case for government intervention to address

them. Describe how taxes/charges and regulation can be used to correct the negative externalities and the pros and cons of

each method. Provide real life examples. (6 marks)

(b) Choose a case study from your home country where an externality exists in a current market. Using the key

characteristics of the market structures identify the market structure in your case study. (6 marks)

(c) Using your case study explain the effect of externality on market outcomes including deadweight

loss and discuss ways

that your government has addressed the presence of negative externalities in the market. (8 marks)

(d) Suggest other options for dealing with negative externalities in your case study. (2 marks)

ECON20039: Economics for Managers

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Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

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SOSS1001 Social Research and Society

Task: The aim of this assignment is to write a literature review that draws on academic literature in response to our guiding research question:   What are university students’ understandings of and attitudes towards human rights? A literature review is a critical analysis of published materia ...

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Taxation Law of Australia

Sarah spends between 20-30 hours per week designing glass sculptors. She has a part time job to supplement her income, teaching art at evening classes and works weekends at a local bakery. Sarah does not have a formal business plan but tries very hard to sell her work. She is widely known and recogn ...

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i will upload the ppts held in the class. please see to it that the assignment has appropriate tables and the topic is to be picked from the ppts only. In this assignment,the basic task is to identify a recently announced security vulnerability and write a profile of the threat. In the lecture 5 the ...

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Australia Taxation Law

Fast Ed is the owner of a new and second hand car business. He is really good at wheeling and dealing in the car selling business but is not very good at understanding the tax effect of some of his deals. Explain the tax effect of the following activities. (Each subsection is worth 3 marks.) a) Fast ...

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