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please Ans This two Questions and plz Follow the given instructions with the mark distribution and plz give example if the question ask for ut

please Ans This two Questions and plz Follow the given instructions with the mark distribution and plz give example if the question ask for ut

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Question 3. Suppose initially there is a monopolistically competitive rm earning positive prot in the market. How will the market adjust to a new long-nut equilibrium? Explain and provide adequate graph to supplement your answer. (5) Question 4. (a) Explain the concept of consumer equilibrium in terms of the Equi-marginal principle. Provide appropriate graph for explaining you answer (5) (b) Suppose you have a budget of I000 taka. The price of one unit of X is 20 taka, and the price of one unit of Y is 10 take. If X provides you utility and Y gives you disutility, what is the equilibrium amount of X and Y for the consumer? Explain your answer using appropriate graph

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