The question explains about surrogate market prices isotim, Microeconomics

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The question explains about surrogate market prices isotim

Question-

Explain what is meant by:

i. an isotim

ii. surrogate market prices

iii. political economy

Additional Information-

The question explains about surrogate market prices, isotim and political economy. The answer explains the definitions of these three topics in much detail.

Word limits- 200

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Microeconomics: The question explains about surrogate market prices isotim

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Microeconomics: The question explains about surrogate market prices isotim

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