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As a part of Covid-19 economic recovery plan, state governments in Australia introduced conditional vouchers for travel, dining, and discovery experiences to support the tourism,
As a part of Covid-19 economic recovery plan, state governments in Australia introduced conditional vouchers for travel, dining, and discovery experiences to support the tourism, travel and hospitality industry.
a). Provide a brief overview of the state governments' recently introduced vouchers systems.
b). Using an example, illustrates how transferable and non-transferable vouchers affect the demand for that particular good/service differently and why?
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