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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.
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In the diagrams related to bandwagon effect, why do we say when the price is 30$ the demand is 40?
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if tc is 200 what will be marginal cost?
Factors that calculate price elasticity of demand: The proportion of Income spent on the Commodity If the price of a good is relatively low such the expenditure on it is a
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