ans should be information asymmetry can you explain why the ans is option b instead of option c ?
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The structure of the tooth paste industry in India is best described as: Perfectly competitive Monopolistic Monopolistically competitive Oligopolistic sir is there any difference between b and c if no then both are correct? and if yes please explain the difference between them
If a point on a demand curve of any commodity lies on X Axis then price elasticity of demand of that commodity at that point will be: _________ Infinite More than zero Less than zero zero sir if a commodity is on x axis ...
Consumer stops purchasing the additional units of the commodity when marginal utility starts declining marginal utility become zero marginal utility is equal to marginal utility of money total utility is increasing sir here the ans should be mu=0 cause ussi time usko mokhs milgaya ...
Q6) In long run equilibrium the pure monopolist can make pure profits because of Blocked entry The high price he charges The low LAC costs Advertising here the ans should be high prices he charges because he can charge whatever he wants and people ...
Sir in this question i think that ans should be B and not a cause if the firm is at 0 economic profit then the entrepreneur would having a income more than what he has sacrificed as opportunity cost because ...
Please someone can help me why the answer to this question would be D and not C cause ...
the relationship between price and quantity supplied is a) positive b) negative c) direct d) None of these ans could be either a or c but in book ans is given c so in exam what should we do because what if I ticked a ...
can some explain to me why is ans not d and is c because the area of consumer surplus is increasing when the price falls from e to f? i would be really helpful ...