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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.
What are subsidies? Almost in all market systems, government plays its role to stabilize the price of certain commodities, which are of public interest like medicines and edib
Effects of inflation: On Income Earners:Those on fixed incomes or assets (fixed in nominal terms) lose. However, those on incomes, which are directly related to the price leve
Explain three major barriers to development experienced by developing countries. Well, the scope of possible answers here is, em, wide, to say the least. The issue is not to si
4) The prevention of major swings in economic activity can be handled most easily by the A. household sector B. business sector C. financial sector
Reasons for International Trade?
contrast the longrun equilibrium positions of monopolistic competition firm and oligopoly
what are the microeconomic encompasses
why is the concept of elasticity crucial to the study of economics?
Substitution Effect - The substitution effect is change in an item's consumption associated with the change in the price of the item, level of utility held constant. - Wh
2) Proctor & Gamble (P&G)
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