3. The Determination of Prices
Price is determined by the equilibrium price and the equilibrium quantity. If your good is not selling, you lower the price. If your goods fly off the shelves you are selling too cheaply and you raise prices.
Prices
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Sustainability: An Assault on Economics
"A lesson in basic economics should suffice to defend against the sustainists' attack."
Will Preventive Care Control Costs?
It is clear to see that government-mandated treatment cannot possibly lead to a more cost-effective balance between preventive treatment and future treatment.
The Determination of the Purchasing Power of Money
The demand for a medium of exchange is the composite of two partial demands: the intention to use it in consumption and production and the intentio
The Illusion of Living Wage Laws
Ultimately, a living wage in Athens (or anywhere) will actually hurt the poor rather than helping them.
XXX. Interference with the Structure of Prices (continued)
Pages 763-774. Narrated by Jeff Riggenbach.
Demand for Money and Supply of Money
Money is the thing which serves as the generally accepted and commonly used medium of exchange.
