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1. How is the equilibrium price determined? What happens if the price is above the equilibrium price? What happens if the price is below the equilibrium price? 2.briefly discuss the determinants of demand other than price. 3.What is production? What economic factors are involved in production? 4.Distinguish between scarcity and shortages.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9439978

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