Political Economy: An Inquiry Into the Natural Grounds of Right to Vendible ...
Political Economy: An Inquiry Into the Natural Grounds of Right to Vendible ...
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In our eReader you can find the full English version of the book. Read Political Economy: An Inquiry Into the Natural Grounds of Right to Vendible ... Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Political Economy: An Inquiry Into the Natural Grounds of Right to Vendible ...
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competition^ will immediately b^^in alnong them, and die market-price will rise more or less above the natural price, according as either the greatness of the deficiency, or the wealth and wanton luxury of die competitors, happen to ani- aoate more or less the eagerness of the o^mpetitioii. Among cpmpetitcnrs of equal wealth and luxury the same deficiency will generally oocasiim a more or less eager competition, ao« eording as the acquisition of the commodity hi^ppens to be of more qr less impo...rtance to th^m* Hence the exorbitant price of the necessaries of life during the blockade of a town or in a. fimiine^ '^ When the quantity brought to market exceeds the effectual demand, it cannot be all sold to those who are willing to pay Uie whole value of the rent, wages, and profit, whidh must be paid in order to bring it thither. Some part nptost be mAd to those who are willing to pay less, and die low price which they give for it must reduce the price of the whol^ The market-price will sink more or less below die natural price, according as the greatness of the excess increases more or less ihe Qompetilioa of the sellers, or according as it happens to be more or less important to them to get immediately rid of the commodity.
What to read after Political Economy: An Inquiry Into the Natural Grounds of Right to Vendible ...?
You can find similar books in the "Read Also" column, or choose other free books by Samuel Read to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
competition^ will immediately b^^in alnong them, and die market-price will rise more or less above the natural price, according as either the greatness of the deficiency, or the wealth and wanton luxury of die competitors, happen to ani- aoate more or less the eagerness of the o^mpetitioii. Among cpmpetitcnrs of equal wealth and luxury the same deficiency will generally oocasiim a more or less eager competition, ao« eording as the acquisition of the commodity hi^ppens to be of more qr less impo...rtance to th^m* Hence the exorbitant price of the necessaries of life during the blockade of a town or in a. fimiine^ '^ When the quantity brought to market exceeds the effectual demand, it cannot be all sold to those who are willing to pay Uie whole value of the rent, wages, and profit, whidh must be paid in order to bring it thither. Some part nptost be mAd to those who are willing to pay less, and die low price which they give for it must reduce the price of the whol^ The market-price will sink more or less below die natural price, according as the greatness of the excess increases more or less ihe Qompetilioa of the sellers, or according as it happens to be more or less important to them to get immediately rid of the commodity.
What to read after Political Economy: An Inquiry Into the Natural Grounds of Right to Vendible ...?
You can find similar books in the "Read Also" column, or choose other free books by Samuel Read to read onlineMoreLess
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