Micro DD SS Elasticity and MF Revision

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AP I 40. soleevo} = 0 ( Continued income growth, falling interest rate and hi IF ci ont cana toa period of rapid residential property price inflation in Singapore from the middle of 2009. (a)[Explainyhe [factorg that may have led to sremTEg in residential property[prices) auni/mnagritede “directo O Yepmt-+-1 pp nel gs tt cite pay. praiis, @ dir» lots mae Sadan bip-bebetons P 16 OP ie a for verideatin| prpesty Unter AQ,’ Coram FP) (ej Le co 00 + Lg nnd pda a ae Revie: e paren He) Sewents Pro _ (b) Using relevant{easticity concepts) Hiscuss)how the[above events) affectffotal expendi Popy on igh-sndl on owe indjlow-endjresidential properties in Singapore. -P AttumpP it Bead ‘tnd + use Pes) trattet B {90 wt PED Gr oe Pas I (+ mnetre fee eo © intecorney linger ; Ss Unido vue ale la a p tema i bo apeimety ney Bie | Away Te f oO _ 1 haar ga Tue hav mex min ah ty = TR p= TR-TC (©) As alfationallyesidential oro developer, assess: Jihether pricing strateg) is th best to maximise profits. 4oe Lp () Pigheead deseo, wnt ferry GP (orp faa» fe ~ ensue Te, HOWEVER. will reauht om Prine ‘st ily wht eoaguntes | © ton-nnd leap wit |P6D<0}: (FP) str ean -+ 17R HOWEVER, Thay Jif DD hemes enure pce tleehe wetinng ~ @ wa elmo P tga) OMY preemie ee pit pet® LOVEVER , there ove cot ——~—______J # tRetie+ ipa STEP 100 #PLQ-9 tre, — tawwre TC. Scanned with CamScanner Market Failure (2) Explain why governments intervene in the markets both forpublid good and|ivenl|pood. Public Ge) vata BEA) Mest bd Ss inn-aetal nnynexdadeble, 4 88 it NOT depleted cll Dontwnyes ore ble to |. uter 1e Wich WM Gort is NOT diynisnisued) me eon? mes 1 ! Meet posi 0 fener ap os ean x @ Define MF Q ' bose on KE tondit®» DOA donated @ Conncwaine MPR. Mnre mes eee wie As P= mC) :.P=0 . Pov G arveqene wecern PELE dreamer : eed st pc=Orb = pened 8 no wnt fr fre te Sindy pe cn areal eee peeenedt Greases dbo «— © SE RCO hot pore padiegd (pc=d) —goeh hed Soa fpr | ol pase] ~ ‘oa attr * Linpcte MPC? oo & Lam J tones 04p- cost - ‘Uuniirbendecl tonsa juiaed ‘ a tpi darts oe mel, ‘ontlrmont + anfo Gonemt on ant vt hrodtthnere pension cesses hele tke veton = nD pda lh nat geno UHL at —— pines OHevnetne pe Buble waa Ly 7 Wiedted orate toy oop ua» NOT AMe best -> G Prot cure 7 Ht xt j \ tpt on e@ it peyoel SR pic prntston SR partic acy 6 Got taed Mg: Se tyne > dete = ay uktus + ee tombs ot Scanned with CamScanner

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