Illustrate what does this tell you about price in the market

Reference no: EM1337680

Over-supply scenario

In most developing countries, there are long lines of taxis at airports, and these taxis often wait two or three hours. What does this tell you about the price in the market? Carefully Explain with supply and demand analysis.

Reference no: EM1337680

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Illustrate what does this tell you about price in the market : In most developing countries, there are long lines of taxis at airports, and these taxis often wait two or three hours. Illustrate what does this tell you about the price in the market. Carefully Explain with supply and demand analysis.

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