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When the government levies a tax on a good, who actually bears the burden of the tax? Test the theory of perfect competition and monopoly

  1. When the government levies a tax on a good, who actually bears the burden of the tax?
  2. Test the theory of perfect competition and monopoly in the market for a product that can take the two market structures
  3. Using real-life examples discuss private information and hidden action in the markets that lead to information asymmetry
  4. With the help of relevant examples, discuss the forms of price discrimination and their effects on market outcomes
  5. Evaluate the efficacy of economic stimulus package in the long run and short run respectively

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