Role of Time Element in Price Determination

Role of Time Element in Price Determination Who gave the concept of time element in price determination? Professor Marshall has explained the importance role of time elements in price determination.…

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Role of Time Element in Price Determination

General Theory of Price Determination

General Theory of Price Determination In an open competitive market, it is the interaction between demand and supply that tends to determine price and quantity. This can be shown by…

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General Theory of Price Determination