a. You are required to show differences between financial price and economic price for an import substitute output as per details below:

Item	Amount (RM)
C.I.F. price of palm oil per ton	Your matric number add one zero (e.g. if your matric number is 26626, then the price will be 266,260)
Import tax	2% from the C.I.F. price
Distribution cost from port to the farm	1,000
Transport cost from port to farm - tax	10
Transport cost from port to farm - others	100
Distribution cost from farm to the market	400
Transport cost from farm to the market - tax	5
Transport cost from farm to the market - others	45

Additional information:

Conversion factor for:

1. palm oil is 1.2
2. transport is 1.0
3. distribution is 1.1

b. List and explain in detail benefit from converting electric power plant from using fossil fuel to natural gas. It is also assumed that the electric capacity will increase by 20%. (Hint: you can refer to the Guidelines for the Economic Analysis of Projects provided to you, and also search from the internet).