A: The desire curve represents the connection between the cost of an item and the quantity of that…
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Q: Due to the fact this sector is often a monopolistically aggressive sector, you could tell that it is Get More Info in lengthy-operate…
A: "Since you have posted a question with several sub-parts, We are going to solve the initial 3 sub-elements…
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A: The companies while in the perfectly competitive market has to just accept the price for its output as measured by…
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