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Can market price of a commodity be less than its factor cost? if yes explain that situation
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Can market price of a commodity be less than its factor cost? if yes explain that situation

User Yacoub Massad
by
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1 Answer

3 votes

Answer:

Yes

Step-by-step explanation:

They are called cash grants given from the government to encourage certain commodities or to sell good for prices lower than the market prices. Thus the market price of a commodity is less than its factor cost.

User Juned
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