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no ionger even bother with the haiiot as the private options offer better iearning environments. There were enough warning signs, but not enough measures taken,

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no ionger even bother with the haiiot as the private options offer better iearning environments. "There were enough warning signs, but not enough measures taken," Sotjargai said. Birth rates soared in the Year of the Goiden Pig in 200?, as Mongoiians believe that year brings weaith, hut iittie was done in anticipation of the extra demands on resources as those babies grew up. The government is huiiding schoois in the ger, or sium, districts of Uiaanhootar, but the co untrv's dept prohierns ha ve restricted spending. Author Khai'iun Bygl', Utah Rotor {AFPJ Source: Seven News, Yahoo web site (httpsaumewsya hoo.comfworldfefzDafneed-a- kindergartenspot-inmongolia-playthelotterw'} 4. Given the information in the article use the demand and supply framework to analyse the market for govemment provided childcare services. In a separate graph analyse the market for private childcare services. In your answer discuss the elasticity of supply in ea ch case and cont rast between the two markets. In addition, identify any shortage or surplus in each market. {4 marks} Maximum number of words 25D

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