Economy, asked by riya4259, 1 month ago

Suppose, 30% rise in prices have been due to several causes like reduction in supply, increase in demand, shortage of power, rise in wages, rise in taxes etc which feature of statistics does it indicates.​

Answers

Answered by gopaluruwa123
0

Explanation:

It is effected by many causes:

It is not easy to study the effects of one factor only by ignoring the effects of other factors. Here we have to go for the effects of all the factors on the phenomenon separately as well as collectively, because effects of the factors can change with change of place, time or situation.

For example, we can say that result of class XII in board examination does not depend on any single factor but collectively on standard of teachers, teaching methods, teaching aids, practical’s performance of students, standard of question papers and as well as of evaluation.

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