Equilibrium price of an essential medicine is too high
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2
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6708
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March 26, 2019
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Economists say in consistent things, as price falls, demand rises, but as demand rises, price rises. Defend or refute
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0
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3597
|
October 7, 2016
|
With the help of a diagram,
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1
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2109
|
October 7, 2016
|
X and Y are complementary goods
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1
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3055
|
October 7, 2016
|
How is the equilibrium price
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1
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744
|
October 7, 2016
|
At a given price of a commodity, there is excess supply
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1
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3668
|
October 7, 2016
|
At a given price of a commodity, there is excess demand
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1
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4695
|
October 7, 2016
|
How will an increase in the income of the buyers of an inferior good affect
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1
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5710
|
October 7, 2016
|
Consider the following demand and supply functions for a good:
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1
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1375
|
October 7, 2016
|
How is equilibrium price of commodity determined?
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1
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4426
|
October 7, 2016
|
Market for a product is in equilibrium, supply of the product ‘decreases'
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1
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2950
|
October 7, 2016
|
Market of a commodity is in equilibrium
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1
|
1988
|
October 7, 2016
|
Market of a commodity is in equilibrium,
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1
|
1516
|
October 7, 2016
|
At a given price,
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1
|
589
|
October 7, 2016
|
Make a difference between market price and normal price
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0
|
3402
|
October 7, 2016
|
Increase in demand often causes a rise in price, but it is not always true. Explain
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0
|
1183
|
October 7, 2016
|
Discuss the effects of simultaneous increase in demand and supply on equilibrium price
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0
|
674
|
October 7, 2016
|
What is meant by economic viability of an industry?
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0
|
2069
|
October 7, 2016
|
Suppose the demand for jeans increases
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1
|
3713
|
October 7, 2016
|
Why price remains unaffected when supply curve is perfectly elastic and demand curve shifts?
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0
|
2578
|
October 7, 2016
|
Show the determination of equilibrium price with the help of schedule
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0
|
745
|
October 7, 2016
|
Define equilibrium price
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1
|
1195
|
October 7, 2016
|
How are decisions taken by the consumer and producer in a coordinated market?
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0
|
1911
|
October 7, 2016
|
In the case of luxury items like diamond
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1
|
864
|
October 7, 2016
|
A severe drought results in a drastic fall in output of wheat
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1
|
3249
|
October 7, 2016
|
How is new equilibrium struck when supply or demand curve tends to shift?
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0
|
3609
|
October 7, 2016
|
Explain how market price of a good is determined using diagram
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1
|
7015
|
October 7, 2016
|
Suppose the price of a good is higher than equilibrium price
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|
1
|
1884
|
October 7, 2016
|
How does the equilibrium price of a normal commodity
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1
|
4261
|
October 7, 2016
|
Explain the effect of increase in income of buyers of normal commodity on its equilibrium price
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0
|
5621
|
October 7, 2016
|