I’maSolarPanelCo.

Question
I’maSolarPanelCo. manufactures and distributes solar panels in the US market. Two years ago, it had 5 US competitors, but government stimulus in the industry has encouraged 7 new US competitors to enter the market. In these circumstances, I’maSolarPanelCo.’s price for its output – Q/A (Question and Answer)

Test Answer

Answer:

is dictated by the forces of demand and supply.

Recource microeconomics 8

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