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Iift 2008 Question 86

This is a detailed step-by-step solution for Iift 2008 Question 86. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT 2008

Whenever the production of some old- fashioned model of a product by a company exceeds the existing demand, the market forces create a downward pressure on its prices.

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