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Monday, May 21, 2018
Home Tutors in Chandigarh for Any Subject is Available 9041443833
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Saturday, May 19, 2018
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h)
Shape of AR and MR curve = shape of AR curve on demand curve facing perfectly
competition market is perfectly elastic because price is determined by an
industry and no firm can change the price.
Cartel is a group of firms which
jointly set their output and price so as to exercise monopoly power.
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