Question: Please help as soon as possible! 2. (a) Explain why public transport, such as buses and trains, might be under-provided in a market economy. [10]

Please help as soon as possible!

2. (a) Explain why public transport, such as buses and trains, might be under-provided in a market economy. [10] (b) Discuss the view that imposing an indirect tax on gasoline (petrol) is the most effective way of reducing the market failure caused _p_y cars. [15]

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