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A trend line can be fitted through a series graphically. Old values of sales for different areas are plotted on a graph and a free hand curve is drawn passing through as many point
Explain in detail the concept of PPC with suitable eg.
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How has the Harberler''s theory of opportunity cost an improvment over the classical theory of trade?
Challenges and discussions
illustrate and discuss the implications of various market structures (competitive and non-competitive) for price determination
The price of oil increases because OPEC reduces oil production
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