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Economics Aplia 23115 semester 1 2018 (online set problems) Show the effect of the government's plan to change carbon-emission rules on the market

Economics Aplia 23115 semester 1 2018 (online set problems)

  1. Show the effect of the government's plan to change carbon-emission rules on the market for high-emissions cars by shifting the supply and/or demand curve/s.
  2. Consider the impact of the planned policy change on the demand and supply of cars in Australia. What do you expect is most likely to happen in the market for other forms of transport (e.g. bicycles)?
  3. Carbon emissions suggest that vehicles have a:
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