Price below perfect competition
Who decides price beneath perfect competition? Answer: Price under perfect competition is recognized by the forces of market demand and supply in business.
Who decides price beneath perfect competition?
Answer: Price under perfect competition is recognized by the forces of market demand and supply in business.
Discuss the impact of a monopoly on the welfare of the citizens of the country. In your discussion you should include policies that can be implemented by the government too reduce the abuse of dominant position in the market.
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Why the indifference curve is convex to origin?
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