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This seems right answer (i) Indirect taxes < subsidies
This is easy answer. (i) Excess supply of a commodity existes when market price > equilibrium price
It is like a reward to firms to encourage research leading to discoveries. (New products and technology).
This is the right answer (iii) AR > AC
If Factor cost is greater than market price, It means that
This seems right answer (i) Indirect taxes < subsidies
This seems right answer (i) Indirect taxes < subsidies
See lessAmong them what is correct statement?
This is easy answer. (i) Excess supply of a commodity existes when market price > equilibrium price
This is easy answer. (i) Excess supply of a commodity existes when market price > equilibrium price
See lessWhat are the reason people or companies gets patent? What motivates them?
It is like a reward to firms to encourage research leading to discoveries. (New products and technology).
It is like a reward to firms to encourage research leading to discoveries. (New products and technology).
See lessIf a perfectly competitive firm is in equilibrium in short run, then it earns super normal profits when
This is the right answer (iii) AR > AC
This is the right answer (iii) AR > AC
See less