Consider fruit farmers planting fruit trees and sell fruits in the market to earn a living. besides providing earnings to the fruit farmers, the fruit trees also beautify the environment and help to reduce global warming. Analyse the efficiency of the fruit market with the help of a suitable diagram, comment on its efficiency and discuss two methods the governments can use to rectify the issue in the fruit market

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To analyze the efficiency of the fruit market we can use the concept of a supply and demand diagram In this context the fruit market would consist of ... View the full answer