Interrelationships of Supply and Price
Author | : George Frederick Warren |
Publisher | : |
Total Pages | : 152 |
Release | : 1928 |
ISBN-10 | : UVA:X000706192 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Interrelationships of Supply and Price written by George Frederick Warren and published by . This book was released on 1928 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.