Question

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Required
Using your expertise knowledge of Managerial Economics with reference to the case above, prepare a report with clear sections based on the following.
 Determinants of demand for passenger cars in India
 The role played by the non-urban India in forming the demand in the auto-market,
 State and justify your view whether you agree that the law of demand, technically speaking, cannot
work in an auto-maker.
 Imagining you are a new global auto maker planning to enter the Indian auto market. List the
various demand aspects you think are important

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Answer 1

Explanation:

Good question it is so long