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

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Price Level Changes-Effect on Investment Decisions

Price Level Changes Effect on Investment Decisions N L Hingorani The problem of price level changes and replacement costs has, according to the following analysis of a sample of firms, been exaggerated. It is technology and scarcity, not price level changes and replacement costs, that have a real bearing on the cost of new assets.

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