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BB106 Economics Principles

tag 0 Download 4 Pages / 826 Words tag 28-12-2020

Question:

Provide the relevant economic analysis, by critically analysing the Deloitte-International-education-in-south-Australia” article using the microeconomics concepts.

Answer the following questions:

1Discuss what is the product/service referred to in the report? Is the product elastic or inelastic?

2.  What is the supply demand and market like for this product/service?

3.  What are the possible substitute and/or complementary products for the one mentioned in the report?

4 Are the Positive or Normative statements mentioned anywhere?

5Do you observe any indication of shift in demand/supply and in what point do you believe the equilibrium happens?

6.  What is the influence of tax on the product/service?

7.  Surplus/shortage of the product/service in International education in South Australia.

8 When appropriate provide appropriately labelled graphs for above questions.

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[Accessed 02 December 2022].

My Assignment Help. 'Economics Principles' (My Assignment Help, 2020) <https://myassignmenthelp.com/free-samples/bb106-economics-principles/demand-for-international-education-in-australia.html> accessed 02 December 2022.

My Assignment Help. Economics Principles [Internet]. My Assignment Help. 2020 [cited 02 December 2022]. Available from: https://myassignmenthelp.com/free-samples/bb106-economics-principles/demand-for-international-education-in-australia.html.


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