Question: Question: QI : Referring to the chapter Exploring the world of business economics answer the following questions: (part a & b related to each other)

Question: QI : Referring to the chapter

Question: QI : Referring to the chapter "Exploring the world of business economics" answer the following questions: (part a & b related to each other) a) Pertaining to the situation of perfectly competitive market, explain your business and the products you sell in this market. b) How would you achieve equilibrium or market price? Use the example of the product you are selling in this market. (3+ 8 Marks) Note: Answer this question in your wording. > To the point answer in simple wording Do not copying from internet, plagiarism not allowed

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