Subjective Questions on What is meant by excess capacity Why is it bad Are there any benefits of the excess capacity associa........... for Indian Economic Service Preparation

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What is meant by excess capacity Why is it bad Are there any benefits of the excess capacity associa...........

Economics-I Theory of Distribution
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    What is meant by excess capacity ? Why is it bad ? Are there any benefits of the excess capacity associated with monopolistic competition ? (15 Marks) ( 200 words)

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