QnA - Dev Library Questions and Answers

Asked by Nikita Chetry
Latest Answer: 2 days ago
In: Commerce

Explain in brief the factors which influence the decision of a seller in fixing the price of a commodity.

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Asked by Nikita Chetry
Latest Answer: 2 days ago
In: Commerce

What happens when there is excess supply?

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Asked by Nikita Chetry
Latest Answer: 2 days ago
In: Commerce

What happens, when there is excess demand?

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Asked by Nikita Chetry
Latest Answer: 2 days ago
In: Commerce

State the factors which influence the decision of a seller in fixing the price of a commodity.

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Asked by Nikita Chetry
Latest Answer: 2 days ago
In: Commerce

What is profit?

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Asked by Nikita Chetry
Latest Answer: 2 days ago
In: Commerce

Why does the buyer pay money to the seller?

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Asked by Nikita Chetry
Latest Answer: 2 days ago
In: Commerce

Why do we identify the price where market demand is equal to market supply?

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Asked by Nikita Chetry
Latest Answer: 2 days ago
In: Commerce

How does price behave when there is excess supply of the commodity?

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Asked by Nikita Chetry
Latest Answer: 2 days ago
In: Commerce

How does the price behave when there is excess demand for the commodity?

1 Answer

Asked by Nikita Chetry
Latest Answer: 2 days ago
In: Commerce

Show the effect of increase in supply (demand remains unchanged) of a commodity on the equilibrium quantity demanded and supplied.

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