This individual coursework contributes 40% of the total coursework marks.

| December 7, 2018

This individual coursework contributes 40% of the total coursework marks. Based on the reading materials provided, relevant economics theories and other references which you obtained on your own, answer the following questions: 1. Explain the determinants of the demand for and supply of cars. You are required to present THREE (3) determinants each. (Maximum pages: 5 pages)2. With reference to the concept of externalities, explain the market failure that might …

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