I think, You should have been a finance or economics lecturer rather Textile Engineering. You have explained nicely. I have learned some new things about the price hike and down. Thanks brother for this well explained tutorial. I think, many of us are not aware about the reasons of price change.
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I would be also happy if I had to study about economic issues, but the matter of great sorrow that I discovered my interest about economic issues later. Than it was too late to change my graduation subject. But still now I like to read about Classical economic theories and try to relate with my life and experiences.