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Why does a price index based on constant weights tend to overstate inflation in periods after the base year when the price of one good is rising quickly compared to other goods?
Q. Explain about Capacity Utilization? Capacity Utilization: A company or economy's capacity represents maximum amount of output it can produce. Rate of capacity utilization, h
illustration for demand of big macs using indifference curve and budget line
What is Demand Forecasting? Explain in brief various methods of forecasting Demand.
Define the price ceiling A price ceiling is a highest price that sellers can charge for a product.
illustrate and explain the changing demand gor big Mac using the indifference curves and budget line
Ask question #Minimum 100 areanycurrentsubsidyorwelfareissueddiscussedoraddressedinparliamentwords accepted#
1. Assume that the market for wheat is perfectly competitive. Suppose the demand curve for wheat is given by: QD = 200 – 2P where QD is the quantity demanded, in bushels, and P i
explain diagramatically Bain''s limit pricing mode
short run equilibrium of the industry
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