Hit by a perfect storm of politics, model-year changeovers and competition, Tesla sales have declined dramatically to open 2025. The electric vehicle maker’s sales dropped by 9% in the first quarter ...
In micro-economic textbooks, the main factor assumed to affect the quality of a market is the number of sellers. A single seller, termed a monopolist, is the worst because that seller has maximum ...
Richard McKenzie is correct that, were real-world markets what economists call “perfectly competitive,” the instantaneous market entry that is a key feature of this model ensures that consumers would ...
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Competition in financial sector can lead to excessive risk taking, bringing instability: CEA Nageswaran
Flagging his concerns, Chief Economic Advisor V Anantha Nageswaran on Wednesday said there is a need to differentiate between regulation of financial and non-financial sectors as competition in ...
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