Fill in the blanks: Q1. The factors that influence………..and………….. thus also influence price. AnswerAns: demand and supply Q2. Monopoly market is characterized by………………..seller. AnswerAns: single Q3. ……………tariff is charged during peak demand and ………..tariff is charged during off-peak period. AnswerAns: higher, lower Q4. The fee for privilege of service plus prices for services consumed is…
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