1.

Explain the concept of non-viable industry with the help of an example.

Answer» <html><body><p></p>Solution :Non-viable industry refers to an industry for which supply and demand curves never intersect each other in the <a href="https://interviewquestions.tuteehub.com/tag/positive-1159908" style="font-weight:bold;" target="_blank" title="Click to know more about POSITIVE">POSITIVE</a> <a href="https://interviewquestions.tuteehub.com/tag/axis-889931" style="font-weight:bold;" target="_blank" title="Click to know more about AXIS">AXIS</a>.<br/>For example, the cement industry will become non-viable if the government <a href="https://interviewquestions.tuteehub.com/tag/puts-1173388" style="font-weight:bold;" target="_blank" title="Click to know more about PUTS">PUTS</a> an entry tax for the firms because the <a href="https://interviewquestions.tuteehub.com/tag/cost-25707" style="font-weight:bold;" target="_blank" title="Click to know more about COST">COST</a> of production will increase i.e the demad and supply curve will not intersect in the positive axis.</body></html>


Discussion

No Comment Found