- The Following Markets Are For Potatoes And Coca Cola In Bangladesh Market A 60 50 40 30 20 10 Qty Kg Market B Price 1 (117.83 KiB) Viewed 23 times
The following markets are for Potatoes and Coca-Cola in Bangladesh. Market-A 60 50- 40 30 20 10 Qty (kg) Market-B Price
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The following markets are for Potatoes and Coca-Cola in Bangladesh. Market-A 60 50- 40 30 20 10 Qty (kg) Market-B Price
The following markets are for Potatoes and Coca-Cola in Bangladesh. Market-A 60 50- 40 30 20 10 Qty (kg) Market-B Price -50- 40- ・30-- 20-- Qty (kg) Resources required to produce Potatoes are mainly water, soil and fertilizer, which are widely available. Substitutes of Coca-Cola are Pepsi, Mojo, RC cola etc. Average family income in Bangladesh is Tk.150, 000. Initial market equilibrium. Identify and explain which market belongs to which good by commenting on the elasticity of the demand and supply curves. (3 Marks)