Elucidate how consumers in an economy can be better ff if, Ask an Expert

Economics

Q. If there were many sellers of diamonds what would equilibrium price and quantity be? the diamond is $1000 each. the price is 6000 and the equilibrium is -5500 and why?

Q. Elucidate how consumers in an economy can be better ff if the marginal rate of transformation does not equal consumer's marginal rate of consumption

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9290672

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