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Bank of Issue The central bank enjoys the monopoly of bank note issue i.e. no bank other than the central bank is authorised by law to print currency notes. Printing of paper
demand for sting ray
Direct intervention The government can also intervene directly in the economy to see that its wishes are carried out. This can be achieved thorough: a. Price and i
pricing under oligopoly
Theories associated with different market structures A firms profit maximising output decisions take into account the market structure under that they operate. There are 4 type
Q 3. What is Demand Forecasting? Explain in brief various methods of forecasting demand.
williamson model and managerial discretion about its objective and statement of problem
Explain trend projection method of demand forecasting with illustration.
Economics is generally defined as the problem of how best to allocate limited resources, limited because needs are characterized as unlimited, but common sense tells us that rather
what is equi marginal concepts?
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