Principles of Political Economy: Deduced from the Natural Laws of Social Welfare and Applied to the Present State of Britain |
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Page 168
The increased value which the owners of such objects are enabled from their rarity to obtain for them , beyond the mere cost of labour or capital by which they may have been procured or produced , is called monopoly value ; a monopoly ...
The increased value which the owners of such objects are enabled from their rarity to obtain for them , beyond the mere cost of labour or capital by which they may have been procured or produced , is called monopoly value ; a monopoly ...
Page 195
MONOPOLY CHARGES . 195 of any of the elements necessary to the production of a commodity , is produced under a monopoly , the extraordinary charges which the owner of the monopoly is thereby enabled to make , go to swell the amount of ...
MONOPOLY CHARGES . 195 of any of the elements necessary to the production of a commodity , is produced under a monopoly , the extraordinary charges which the owner of the monopoly is thereby enabled to make , go to swell the amount of ...
Page 196
When , however , only a portion of the entire supply is produced under a monopoly , the necessary cost of the article is not affected by such monopoly , but consists solely of the labour , time , and capital required to produce that ...
When , however , only a portion of the entire supply is produced under a monopoly , the necessary cost of the article is not affected by such monopoly , but consists solely of the labour , time , and capital required to produce that ...
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Contents
PRELIMINARY DISCOURSE On the Coincidence of | 1 |
Duty of a Government the securing | 28 |
PRINCIPLES OF POLITICAL ECONOMY DEDUCED | 40 |
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advantages afford agriculture amount arts benefit called capital carried cause circumstances comforts commodities condition consequently consumed continually corn cost cultivation demand desire determine direct distribution duties Economy effect employed employment enjoyment entire equally evident evils exchange exclusive existence expense extent fact fall foreign give greater hand happiness human important improvement increase individual industry injury institutions interest kind labour land least less limited maintain manufactures means measure ment monopoly natural necessary numbers object obtain occupation owner parties perhaps period persons political poor poor-law population portion possess possible present principle probably production profit proportion quantity raised reason remain rent result share skill society soil subsistence sufficient supply term things tion trade true wages wealth whole