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Explain clearly Question 2 (3 + 2 = 5 marks) In Dhaka city, we can see many small sellers selling vegetables on vans or carts.

Explain clearly

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Question 2 (3 + 2 = 5 marks) In Dhaka city, we can see many small sellers selling vegetables on vans or carts. Usually, the price of a particular type of vegetable is the same all across Dhaka. a) Discuss in detail why price of a particular type of vegetable is the same all across Dhaka city. b) What could be the implicit cost of a typical vegetable seller in Dhaka city? Question 3 (2 + 2 = 4 marks) a) Discuss how competition can benet a society according to economic theory. No need to use diagram(s) in your answer. b) According to economic theory, in some special markets, a single seller can be better for the welfare of a society. Discuss why this might be the case using an example. No need to use diagram(s) in your

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