1. a. Discuss briefly the supply schedule and the various factors affecting the supply in the...

1. a. Discuss briefly the supply schedule and the various factors affecting the supply in the market.

b. Assume the demand being perfectly inelastic and supply suddenly doubles due to innovative technique of production. Explain the changes in the equilibrium price, and quantity, and also is it advisable to do so from supplier point of view.

Please explain briefly.

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Rahul Sunny answered 1 year ago

MBA - Managerial Economics Discuss briefly the supply schedule and the various factors affecting the supply...

MBA - Managerial Economics Discuss briefly the supply schedule and the various factors affecting the supply in the market. Thanks

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1. a. Discuss briefly the supply schedule and the various factors affecting the supply in the...

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