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Answer the following questions comprehensively by showcasing examples alongside explanations I. GOVERNMENT INTERVENTION ON THE MARKET FOR DOMESTIC AIRLINESIN THE PHILIPPINES Identify and describe1-2 specific

Answer the following questions comprehensively by showcasing examples alongside explanations

I. GOVERNMENT INTERVENTION ON THE MARKET FOR DOMESTIC AIRLINESIN THE PHILIPPINES

  1. Identify and describe1-2 specific government policiesi.e. laws, local ordinances, or department orders that directly or indirectly affect the market for the good/serviceBEFORE and DURING the PANDEMIC.

II. EVALUATION OF POLICIES AFFECTING THE MARKET FORDOMESTIC AIRLINES IN THE PHILIPPINES

  1. Evaluate these government policies according to principles of productive and allocative efficiency.

III. IMPROVING POLICIES AFFECTING THE MARKET FORDOMESTIC AIRLINESIN THE PHILIPPINES

  1. Propose improvements or alternative policies to improve the productive and allocative efficiency of the market for the good/service.

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