Assume two famous kurta brands; A1Suits selling kurtas made with natural pure cotton while K2Kaprey with polyester. An article is published giving advantages and recommendation of wearing pure cotton clothing material during a heat wave.
What will be the short-run and the long-run impact of the research article?
In support of your answer apply the comparative statics analysis, using clearly labelled two panel diagrams of demand and supply model, along-with brief explanations for: a.
A) Short-run market changes due to ‘Rationing function of Price’.
b. Long-run market analysis of ‘Guiding or Allocating function ofPrice’. of
Answers
Answer:
अपने पंचायत के सरपंच को एक पत्र लिखिए जिस से ग्राम के समस्त धरो मे शौचालय की एयवस्था करने विषयक निवेदन हो।
Explanation:
Assume two famous kurta brands; A1Suits selling kurtas made with natural pure cotton while K2Kaprey with polyester.
An article is published giving advantages and recommendation of wearing pure cotton clothing material during a heat wave. What will be the short-run and the long-run impact of the research article?
In support of your answer apply the co
mparative statics analysis, using clearly labelled two panel diagrams of demand and supply model, along-with brief explanations for:
a. Short-run market changes due to ‘Rationing function of Price’. (2.5 Marks Maximum 100 words)
b. Long-run market analysis of ‘Guiding or Allocating function of Price’. (2.5 Marks Maximum 100 words)