DP Economics Questionbank
2.7.1 Reasons for government intervention in markets
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[N/A]Directly related questions
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18M.1.HL.TZ2.1a:
Explain two reasons why a government might want to subsidize a good or service.
- 18N.1.SL.TZ0.2a: Explain two reasons why a government might impose an indirect tax on a good.
- 18N.1.SL.TZ0.2b: Evaluate the impact that an increase in indirect tax might have on consumers and producers.
- 18N.3.HL.TZ0.2c: Explain two reasons why the government of San Marcus may have decided to grant a subsidy to its...
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19M.1.SL.TZ1.2a:
Explain why a government might decide to impose a price ceiling on goods and services such as essential foods or rented housing.
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19M.1.HL.TZ2.1a:
Using an appropriate externalities diagram, explain why a government might decide to impose a price floor on a demerit good.
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21N.1.SL.TZ0.2a:
Explain the impact on consumers, producers and the government of a price floor being introduced in an agricultural market.
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SPM.1.SL.TZ0.1a:
Explain two reasons why a government might set a price ceiling (maximum price) on a good.
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22M.3.HL.TZ0.2a.iii:
Using Figure 2, calculate the revenue (in rupees per day) collected from the indirect taxes on petrol in New Delhi.
