Price mechanism in a perfect marketgreenspun.com : LUSENET : Economic History (and Related Observations) : One Thread |
How does the price mechanism in a perfect market allocate productive factors (Land, Labour, Capital, Enterprise)?
-- Iain Buchan (therealsmithers@hotmail.com), April 23, 2003
Rationally , because it is a perfect market government ,s hand is present as well asa that of private organisation , every decision must be properly guided.
-- afolabi isaac ojo (isaacojo206@yahoo.com), September 14, 2003.
what is a price mechanism,with a labell diagrame
-- idris mohammed (e_idris2000@yahoo.com), June 03, 2004.
what is a price system ,with a labell diagrame
-- idris mohammed (e_idris2000@yahoo.com), June 03, 2004.