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CROP PATTERNS:
Analysis of crop patterns in India should relate to the following aspects:
a) The relative significance of different crops/crop groups in the overall area under different crops. This would be an analysis across crops but relate to a specific period.
b) Trend in the change in area under different crops over time. This will be an analysis across crops and over time.
c) Relative share of different regions or states in the crop production would give a view of the regional cropping pattern.
In brief, the analysis should cover the inter-crop differences, inter-temporal differences or time trends and inter-regional differences. In the first section of this unit, let us have a view of the cropping pattern for the latest year for which figures are available.
Assume that milk operates in a perfectly competitive market, use a well labeled demand and supply model to explain how market equilibrium price of milk is being determined.
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example of cournot model
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