Homework_Micro by Muhammad Hazimi Zaini https://padlet.com/hazimi_1989/homework_micro en-us 2017-01-20 03:16:42 UTC 2017-01-20 03:34:26 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Folder.png hazimi_1989 https://padlet.com/hazimi_1989/homework_micro/wish/148271530 (a) Distinguish between the concepts of income elasticity of demand (YED) and cross price elasticity of demand (XED).

[10 marks]


]]> 2017-01-20 03:29:21 UTC https://padlet.com/hazimi_1989/homework_micro/wish/148271530 hazimi_1989 https://padlet.com/hazimi_1989/homework_micro/wish/148271707 (a) Explain why the price elasticity of demand for primary commodities tends to be relatively  low  while  the  price  elasticity  of  demand  for  manufactured  products tends to be relatively high.

[10 marks]

M13/3/ECONO/SP1/ENG/TZ1/XX
]]> 2017-01-20 03:31:54 UTC https://padlet.com/hazimi_1989/homework_micro/wish/148271707 hazimi_1989 https://padlet.com/hazimi_1989/homework_micro/wish/148271816 (a)Analyse the consumption externalities which might arise from the provision of education and health care for the citizens of a country.

[10 marks]

M13/3/ECONO/SP1/ENG/TZ1/XX
]]> 2017-01-20 03:33:41 UTC https://padlet.com/hazimi_1989/homework_micro/wish/148271816