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Economics · Oct / Nov 2019 · Paper 23 · Question 3

2281

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The question as text

The food items people buy can be influenced by taxes, subsidies and health reports. A report published in 2017 outlined the health benefits of eating tomatoes including improved vision and reduced risk of heart disease. Egypt is a major producer of tomatoes and it also produces a large amount of cement. Cement is a product with price-inelastic demand. Egyptian cement producers have introduced more capital-intensive production methods.

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  • 3(a)[2]

  • 3(b)[4]

  • 3(c)[6]

  • 3(d)[8]

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