1. Combined analysis of impact on market

• Explain how changes in Demand or Supply affect Equilibrium Quantity or Price.
• Apply this understanding to your analysis of the Electric Vehicles market in SG.
• You may include appropriate research or examples; and make relevant assumptions.
• Use clearly labelled graph(s) to show the explanation.

2. Externality and government intervention

1. Externality

• Explain externality and what are Negative Production Externalities and Positive Consumption Externalities?
• Apply this understanding to your analysis of the Electric Vehicles market in SG.
• You may include appropriate research or examples; and make relevant assumptions.
• Use clearly labelled graph(s) to show the explanation.

1. Government Intervention
   1. Explain Government Intervention, types of Intervention and internalisation of Externality.
   2. Apply this understanding to your analysis of the Electric Vehicles market in SG.
   3. You may include appropriate research or examples; and make relevant assumptions.
   4. Use clearly labelled graph(s) to show the explanation.