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#question.suppose the # of producers of electric cars increases causing the supply curve to shift to the right. If the demand curve stays stationary what will happen to the produce
What are the economies and diseconomics of scale?
A Period of Deterioration: The entire period was very difficult for India's BOP, partly because of slow growth of exports in relation to import requirements and partly because
the general characterictics of economic models,its limitations and verification
What is a natural monopoly Define natural monopoly as a situation where the advantages of scale a fixed costs are so high that it is impossible to fully exploit them. MC and AC
demand curve
Suppose that a firm’s production function is given by Q=30L-3L2, where L is labor input and Q is the output. a) Derive and draw the firm’s demand for labor while the firm’s produc
why does the quantity of education change in the private universities much more responsive than salt as to changes in price?
"price is becoming cheaper,yet the demand for car is not rising".does it mean law of demand is not operative?
what monopoly market .
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