a) Opportunity cost does not necessarily involve money. Explain. 

Question

b) Explain why price mechanism is an efficient way of allocating scarce resources. Support your answer with diagrams.

c) Discuss THREE economic consequences of introducing rent controls on residential accommodation. Support your answer with a diagram.

0
BodMas 2024-03-23T16:59:43+03:00 0 Answers 3 views Enlightened
0

Leave an answer

Sorry, you do not have permission to answer to this question .