 The chapter opens by reaffirming that it is the cost of production which must ultimately regulate the price of commodities, and not, as has been often said, the proportion between the supply and demand: the proportion between supply and demand may, indeed,...  On the Principles of Political Economy, and Taxation - Side 458af David Ricardo - 1821 - 538 siderFuld visning - Om denne bog
 | J. C. Ross - 1827 - 486 sider
...supply and demand. CHAPTER XXVIII. INFLUENCE OF DEMAND AND SUPPLY ON PRICES. WE are now aware, that it is the cost of production which must ultimately regulate the price of commodities, and not the proportion between the supply and demand, (although it has been so often asserted) ; that may,... | |
 | William Thomas Thornton - 1870 - 564 sider
...increase, and in the other diminish, proportionately. He only amplifies this idea when he says that ' supply and demand may indeed for a time affect the...but this effect will be only of temporary duration.' He represents, in short, cost of production as the natural price with which market price would always... | |
 | Henry Dunning Macleod - 1872 - 712 sider
...the price of commodities, and not as has often been said the proportion between the supply and the demand ; the proportion between supply and demand...supplied in greater or less abundance, according as tlie demand may be increased or diminished, but this effect will only be of temporary duration. . <... | |
 | Henry Dunning Macleod - 1872 - 730 sider
...between prime cost and market pflceT" On COST of PRODUCTION as affecting VALUE. <5. Ricardo says ' — "It is the cost of production which must ultimately...regulate the price of commodities, and not as has often been said the proportion between the supply and the demand ; the proportion between supply and... | |
 | Henry Dunning Macleod - 1881 - 458 sider
...to any extent required by human labour at an equal cost of production. Of these he says — ' It is Cost of Production which must ultimately regulate the price of commodities, and not, as has often been said, the proportion between Supply and Demand : the proportion between Supply and Demand... | |
 | Karl Wasserrab - 1889 - 240 sider
...Economy and Taxation" Ch. XXX: Of the Influence of Demand and Supply on Prices, вогзидКф S>. 232: the proportion between supply and demand may, indeed,...for a time affect the market value of a commodity — — ; but this effect will be only of temporary duration. Diminish the cos t of production of hats... | |
 | 1894 - 784 sider
...propositions of the ordinary political economy. Take, for example, the statement of Eicardo that ' it is the cost of production which must ultimately regulate the price of commodities.' This Mr. Bain turns into the assertion ' that the cost of production of every commodity is • what... | |
 | 1894 - 822 sider
...propositions of the ordinary political economy. Take, for example, the statement of Eicardo that ' it is the cost of production which must ultimately regulate the price of commodities.' This Mr. Bain turns into the assertion ' that the cost of production of every commodity is what essentially... | |
 | Charles Henry Vail - 1899 - 278 sider
...should be eliminated. This fact is recognized by the teachers of political economy. Says Ricardo, " It is the cost of production which must ultimately...demand : the proportion between supply and demand Value, then, expresses the relation, not of things to things, but of things to labor — the source... | |
 | Henry Dunning Macleod - 1899 - 406 sider
...General Theory and reject the Special one, which only accounts for one class of cases. Ricardo says — ' It is the Cost of Production which must ultimately...often said, the proportion between the Supply and the Demand : the proportion between Supply and Demand may indeed for a time affect the market Value... | |
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