Market price is always more than factor cost. State true or false giving reasons

 
 
  • Deepmala Jasuja answered July 29, 2017, 12:07 p.m. at

    Instructor 0 likes | 2 answers

False, Not Necessarily as Market price can be less than the factor Cost , If NIT ie Net Indirect Taxes are Negative or Subsidies are more than indirect taxes.

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asked on Jul 24, 2017 at 19:38

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