Answered>Order 2819

  1. Discuss 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? (see pages 92-98)
  3. What are the possible substitute and/or complementary products for the one mentioned in the
  4. report?
  5. Are the Positive or Normative statements mentioned anywhere?
  6. Do you observe any indication of shift in demand/supply and where do you believe the equilibrium
  7. happens?
  8. What is the influence of tax on the product/service? (See pages 44-47).
  9. Surplus/shortage of the product/service in Australian higher education
  10. When appropriate provide appropriately labelled graphs for above questions.
 
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