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

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Living with Heresy

August 17, 1968 option against the producer; while it prevents a producer from raising his price in times of shortage, it does not assure him the price (with full utilisation of capacity) in a buyers' market like the present. This is the relevance of J R D's point that the industry's failure to raise its capacity to the target originally envisaged has saved it from greater difficulties today.

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