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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 points as possible. The direction of this free hand curve shows the trend. The main draw bask of this methods is that it may show the trend but not measure it.
Meaning of absolute cost difference and comparative cost difference.
Production with Two Variable Inputs * There is relationship between productivity and production. * Long run production K& L are variable. * Isoquants analyze and compa
how might opportunity cost help to explain the pattern of international trade?
If demand goes down what happens to the equilibrium?
derivation of demand curve
if the price of labour is 2000 per hour and the price of capital is 1000 per hour.is there an efficiency point of production.
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what is cob duglus production function?
Comparison of sameulson revealed preference theory with the Hicksian revealed preference theoru
NEER Vs REER: In a situation where there are multiple trade partners, the effect of cross-currency movements are judged by nominal effective exchange rate (NEER) and real effe
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