Discuss two examples of input substitution

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Although it is expected that car sales in India would fall in 2013-14, Suzuki, a Japanese automobile company, has announced that it will spend $485 million to build a car factory in India.

1. Is this a short-run or long-run decision? Given the shrinking sales, does this decision seem right to you, in an economic sense?

2. In the current business news media, find and discuss two other examples of input substitution.

3. The following graph shows economies of scale in the beer brewing industry.

Reference no: EM133235866

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