What does " ROTTEN " stands for in Economics?

1 answer:

3 0

This is something known as an acronym, it means that each letter means something. In this case the letters R.O.T.T.E.N means:
Resource: cost and availability
Other goods' price
Taxes, subsidies and government regulation
Technology(productivity)
Expectations of the producer
Number of firms in the industry
Hope this is good for you

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