1.

Explain with the help of diagrams the effect of the following on the supply of a good: (i) A rise in the rate of excise duty. (ii) An increase in the price of other goods.

Answer»

Explain with the help of diagrams the effect of the following on the supply of a good:
(i) A rise in the rate of excise duty.
(ii) An increase in the price of other goods.



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