Interrelationships of Supply and Price

Interrelationships of Supply and Price PDF Author: George Frederick Warren
Publisher:
ISBN:
Category : Agricultural prices
Languages : en
Pages : 152

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Book Description
Nearly all readily available and extended series of prices are wholesale prices. Economists have fallen into the serious error of using these as measures of consumers' and producers' prices. The price that the producer receives is the only price that affects production. The price that the consumer pays is the only price that affects his consumption.