does time effect price determination prove it
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The Role of Time Element in the Determination of Price! Marshall, who propounded the theory that price is determined by both demand and supply, also gave a great importance to the time element in the determination of price. ... Time is short or long according to the extent to which supply can adjust itself.
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It follows from above that the price which prevails in the market depends upon the period under consideration. It is thus clear that the time plays an important role in the determination of price.
yes it effect
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