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GCSE
A Level & IB
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More cards in this set
Card 6
Front
Explain what is meant by specific unit
Back
Card 7
Front
Explain how indirect tax affects market failure
Back
Card 8
Front
Give pros of using indirect tax to correct market failure
Back
Card 9
Front
--Give cons of using indirect tax to correct market failure
Back
Card 10
Front
Explain what is meant by a subsidy
Back
Card 11
Front
Explain the purpose of subsides
Back
Card 12
Front
Explain how subsides affects market failure
Back
Card 13
Front
Give pros of using subsides to correct market failure
Back
Card 14
Front
Give cons of using subsides to correct market failure
Back
Card 15
Front
Explain what is meant by a maximum price
Back
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