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INDOOR Find / Stape Ohjire - Replace A Arrange GGEL Font baregraph Editing in of software counterfeiting. Avoid interruption and keep your files safe with genuine Office today. Get genuine Office Learn more . Q2 . (a) As an expert in Energy Economics, you have been consulted by the government to investigate the causes of the rising demand for energy and other related issues in Ghana. Respond to the following questions to enable readers understand the nature and determinants of energy demand in Ghana. . (i) General economic theory provides a number of relevant insights for analyzing energy markets. Using the concept of price, explain how the model of an ideal market seems to apply to many energy markets. . (ii) What is the difference (conceptually) between the short and long run price elasticity of the demand for energy? Why are the measured long-run price elasticity of energy bigger than measured short-run elasticity
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