 The actual price at which any commodity is commonly fold is called its market price. It may either be above, or below, or exactly the fame with its natural price. The market price of every particular commodity is regulated by the proportion between the...  OUTLINE OF LECTURES UPON POLITICAL ECONOMY - Page 40by HENRY CARTER ADAMS - 1881 - 76 pagesFull view - About this book
 | Adam Smith - Economics - 1789 - 526 pages
...called its market price. It may either be above, or below, or exactly the fame with its natural price. THE market price of every particular commodity is...which is actually brought to market, and the demand of thofe who are willing to pay the natural price of the commodity, or the whole value of the rent, labour,... | |
 | Adam Smith - Economics - 1812 - 530 pages
...below, or exactly the fame with its natural price. The market price of every particular commo" dity is regulated by the proportion between the quantity...which is actually brought to market, and the demand of thofe who are willing to pay the natural price of the commodity, or the whole value of the rent, labour,... | |
 | 1843 - 152 pages
...market-price. It may either be above, or below, or exactly the same as its natural price." " Tbe market-price of every particular commodity, is regulated by the...quantity which is actually brought to market, and tbe demand of those » ho are willing to pay the natural price of the commodity ; or tbe whole value... | |
 | Patrick James Stirling - Economics - 1846 - 416 pages
...market. The market price, according to this theory, is regulated by the proportion between the quantity brought to market and the demand of those who are willing to give the natural price. When the supply falls short of the demand, all those who are willing to give... | |
 | Walter Bagehot - Economics - 1880 - 236 pages
...called its market price. It may either be above, or below, or exactly the same with its natural price. The market price of every particular commodity is...brought to market, and the demand of those who are ivilling to pay the natural price of the commodity, or the whole value of the rent, labour, and profit,... | |
 | William Dwight Whitney - Encyclopedias and dictionaries - 1890 - 320 pages
...market ; price current. The market price of every particular commodity is regulated by the proportion which is actually brought to market and the demand of those who are willing t" pay Unnatural price of the commodity, or the w hole value of the rent, latiour, and profit which... | |
 | Maurice Dobb - Business & Economics - 1975 - 308 pages
...particular and ad hoc configuration of supply and demand at any given time and place ("regulated by the quantity which is actually brought to market and the demand of those . . . who may be called the effectual demanders") tended, when conditions of freedom allowed, towards the 'natural'... | |
 | Kirsty S. Hughes - Business & Economics - 1993 - 320 pages
...natural prices. Market prices are determined by the interaction of supply and demand. As Smith notes: ‘The market price of every particular commodity...quantity which is actually brought to market, and . . . effectual demand' (Smith, 1981 p. 73). By contrast, natural prices are long-run equilibrium prices... | |
 | John Cunningham Wood - Biography & Autobiography - 1993 - 664 pages
...Nations on natural and market price. In this chapter we are simply told about market price that it "is regulated by the proportion between the quantity which is actually brought to the market, and the demand of those who are willing to pay the natural price"13 We are given no further... | |
 | Gerald Finkel - Business & Economics - 1997 - 198 pages
...firms must endeavor to produce a finished installation at this going market rate. Prices for Smith are regulated by "the proportion between the quantity...market and the demand of those who are willing to pay natural prices of the commodity" (Smith 1977 [1776], p. 151). Movements in supply and effective (money-backed)... | |
| |
