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1. Explain the demand in India for an electric car manufactured by Tata Motors called Tata Nexon and the factors that can affect the demand.

1. Explain the demand in India for an electric car manufactured by Tata Motors called Tata Nexon and the factors that can affect the demand. Also, compare the demand with the existing electric cars of MG and Hyundai. Use microeconomics terms while explaining.

2. After completing the first question, explain that question using the concept of elasticity.

3. What would be the company's fixed and variable costs?

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