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ECON8069 Business Economics

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Questions:

Task

Supply and demand analysis allows us to investigate and understand the operation of markets or sometimes the failure of markets. 

Required:

1.Using supply and demand analysis identify which you believe to be the main factors in determining the price of eggs in the UK.

2.Identify and explain what are the main economic policies that the government can use to reduce the consumption of ‘recreational’ drugs in the U.K. 

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