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प्रश्न
Give the meaning of very short period.
लघु उत्तरीय
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उत्तर
A very short period occurs when the supply of a product cannot be increased or decreased in response to an increase or reduction in demand or price. In relatively short periods of time, commodity supply is almost stable or steady. Short-term supply has no impact on price. Only demand determines the price in a very short period of time, known as the market period.
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