We Are...19Ade(line)/ Arif/ Charchar (charlene)/ Fifi (fidelia)/ Geri(geraldine)/ Jeanie/ Pork G (jiehan)/ Jiejie (ying)/ Quek (jingfeng)/ Jonjon (jonlin)/ Kylie (kah yee)/ Mag(dalene)/ Siew(ying)/ Rui(shan)/ Bryant(qingyao) / (wei)Yanz/ Phang (xiaofeng)/ Yukayu/ Zes(amine) sally sa-tay} bit.ch-ay teh} mr koh} plath} fat cat} mrs ang} miss heng} Kap} Coro} Gossips} history} st nicks} gp} maths} history} econs} lit} lep} softball} strings} track} pingpong} bball} choir} volleyball} x-country} interact} library} slacking} class bench} class diary} early break!} black fridays} scandals} avt} LinksIVLE ade arif charchar rui weiyan jieying jiehan class photos!junior class, 04s6b 03a14 03a15 03s62 03s71 03s75 03s78 PixelScripts shout outsArchives
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 Tuesday, September 02, 2003hey pple.. for those of you who have problems accessing ivle [i dunno why rui and i can't. humph.], below are the questions for tml's econs timed assignment. lucks to all of you :) TERM 3 TIMED ASSIGNMENT ON MARKET STRUCTURE 1 Nov 2002 Q5 (TYS pg 330) In the UK, train tickets may be obtained more cheaply if they are bought in advance. In August 2000 the railway companies jointly announced that these cheap tickets would be available only at major stations. Passengers living near smaller stations would, therefore, have to pay the full cost of the ticket. (a) Explain what is meant by price discrimination and discuss whether this is an example of price discrimination. [10] (b) Identify the type of market structure that enables companies to practise price discrimination, and discuss whether that market structure is ever beneficial to consumers. [15] 2 June 1999 (TYS pg 298) (a) Distinguish between monopolistic competition and oligopoly. [12] (b) Explain why oligopoly is a common market structure in many economies.[13] 3 Nov 1998 (TYS pg 298) In August 1996, for what was thought to be the first time in the African sub-continent, a private company was contracted by the government to manage electricity Distribution in Northern Namibia. (a) Explain why governments throughout the world have been involved in the supply of services such as electricity. [12] (b) Discuss whether economic efficiency is likely to be improved by the provision of such services by a private company.[13] screamed -fi- @ 9/02/2003 03:56:00 PM
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