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" The market price of every particular commodity is regulated by the proportion between the quantity which is actually brought to market and the demand of those who are willing to pay the natural price of the commodity, or the whole value of the rent, labor,... "
Some Leading Principles of Political Economy Newly Expounded - Stranica 99
napisao/la John Elliott Cairnes - 1874 - Broj stranica: 421
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Theory of Production: A Long-Period Analysis

Heinz D. Kurz, Neri Salvadori - 1997 - Broj stranica: 596
...who are willing to pay the natural price of the commodity, or the whole value of the rent, labour, and profit, which must be paid in order to bring it thither. Such people may be called the effectual demanders, and their demand the effectual demand (WN, I.vii.8)....
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Secret Origins of Modern Microeconomics: Dupuit and the Engineers

Robert Burton Ekelund, Robert F. Hébert - 1999 - Broj stranica: 494
...who are willing to pay the natural price of the commodity, or the whole value of the rent, labour, and profit, which must be paid in order to bring it thither. Such people may be called the effectual demanders, and their demand the effectual demand; since it...
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Paul Samuelson and the Foundations of Modern Economics

Paul Anthony Samuelson, Karigirappa Puttaswamaiah - Broj stranica: 288
...those who are willing to pay the natural price of the commodity, or the whole value of the rent, labour and profit, which must be paid in order to bring it thither." (Smith, l976, p. 73) Had Smith clearly defined effectual demand in money terms, he would have produced...
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John Elliot Cairnes: Collected Works, Opseg 5

John Elliott Cairnes - 2004 - Broj stranica: 440
...satisfactory than it seems to me to be. For my part, I believe that, whether we are. able to discover it or not, there is a law of market price, as there is a...to pay the natural, or (as I have phrased it) the normd, price ; the terms of the exchange in the particular market being regulated by the "proportion"...
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Adam Smith: Selected Philosophical Writings

Adam Smith - 2004 - Broj stranica: 260
...who are willing to pay the natural price of the commodity, or the whole value of the rent, labour, and profit, which must be paid in order to bring it thither. Such people may be called the effectual demanders, and their demand the effectual demand; since it...
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The Encyclopedia of Public Choice, Opseg 1

Charles Rowley, Friedrich Schneider - 2004 - Broj stranica: 1142
...falls short of the effectual demand, all those who are willing to pay the whole value of rents, wages, and profit, which must be paid in order to bring it thither, cannot be supplied with the quantity which they want. Rather than want it altogether, some of them...
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Discussing Economics: A Classroom Guide to Preparing Discussion Questions ...

Michael K. Salemi, W. Lee Hansen - 2005 - Broj stranica: 344
...who are willing to pay the natural price of the commodity, or the whole value of the rent, labour, and profit, which must be paid in order to bring it thither'? a. What does Smith mean by 'the ordinary rate of profit'? b. Why does Smith say that some people can...
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Liberty: God's Gift to Humanity

Chana B. Cox - 2006 - Broj stranica: 302
...who are willing to pay the natural price of the commodity, or the whole value of the rent, labour, and profit, which must be paid in order to bring it thither. (Wealth of Nations, 1.7.84) As the price drops, the consumers are more likely to buy. As the price...
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The Real Price of Everything: Rediscovering the Six Classics of Economics

Michael Lewis - 2007 - Broj stranica: 1476
...called its market price. It may either be above, or below, or exactly the same with its natural price. cultivation of corn degenerated, how unprofitable...in ancient Greece. Speaking of the ideal republic Such people may be called the effectual demanders, and their demand the effectual demand; since it...
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