• Correctly provided how to alleviate the problem through supply. Correctly provided how to alleviate the problem through demand.
• Correctly provided the impacts of market imperfections (failures) on the price elasticities of demand.
• Correctly provided how to alleviate the problem through supply. Correctly provided how to alleviate the problem through demand.
• Correctly provided the impacts of market imperfections (failures) on the price elasticities of demand.