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

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What is meant by excess capacity middot Why is it bad Are there any benefits of excess capacity asso...........

Economics-I Theory of Distribution
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    What is meant by excess capacity·? Why is it bad ? Are there any benefits of excess capacity associated with monopolistic competition ?. (150 words) (15 Marks)

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