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Q. What do you meant by Hoarding?
A situation in that companies, financial investorsor individual consumers choose to hold hoards of cash or other liquid assets, instead of spending and re-spending that money. Hoarding often results from intense fears about future economic and financial turbulence - yet ironically hoarding can create the very recession which hoarders fear.
What is a natural monopoly Define natural monopoly as a situation where the advantages of scale a fixed costs are so high that it is impossible to fully exploit them. MC and AC
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