ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Not Among the Best, Nor the Worst

January 27, 1968 shifting its operations from market to market according to movements in prices, the state purchasing agency would be able to obtain its supplies at prices lower than those which private trade, with its relatively less wide coverage, would have to pay. Khusro further argued that it did not matter if the state purchasing agency initially made purchases at high prices since such prices would lead to higher production the next season with consequent decline in free market prices. The question raised by a subsequent speaker whether a fall in prices following the expansion in output would not in turn lead to a fall in production remained unanswered.

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