The Wealth of Nations: An Analysis with Special Reference to Under-developed CounriesWorld Press, 1967 - 165 páginas |
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Página 34
... natural price . On the other hand , when supply is greater than demand the market price of a commodity sinks below its natural price . " When sup- ply and demand balance , the market price is on par with the natural price . If the ...
... natural price . On the other hand , when supply is greater than demand the market price of a commodity sinks below its natural price . " When sup- ply and demand balance , the market price is on par with the natural price . If the ...
Página 38
... natural price . According to him , there is everywhere an " ordinary " or " average " or " natural " rate of wages , profit and rent which determines the natural prices of commodities . National income is the sum total of the ...
... natural price . According to him , there is everywhere an " ordinary " or " average " or " natural " rate of wages , profit and rent which determines the natural prices of commodities . National income is the sum total of the ...
Página 49
... natural price itself varies with the natural rate of each of its component parts , of wages , profit , and rent .... ............ . In the chapter on Rent , this category of income ( rent ) enters into the composition of the price of ...
... natural price itself varies with the natural rate of each of its component parts , of wages , profit , and rent .... ............ . In the chapter on Rent , this category of income ( rent ) enters into the composition of the price of ...
Contenido
The Growth Model of Adam Smith | 1 |
Division of Labour and Economic | 10 |
Concepts of Productive and Unpro | 19 |
Derechos de autor | |
Otras 5 secciones no mostradas
Términos y frases comunes
according to Smith Adam Smith agriculture annual produce augment basic Bhilai capacity capital accumulation capitalists chapter commodity consumers consumption context cost crores currency developed countries developing economy division of labour domestic Durgapur economic development Edwin Cannan effect employed employment expansion expenditure export extent flat products foreign trade Fund Government greater growth Ibid IISCO important improvement income increase India industry interest international trade laissez-faire land and labour landlords loans manufacture market price ment natural price physiocrats problem productive labour productive workers profit projects public sector steel quantity of labour Quesney quota regards rent retention prices revenue Rourkela saving Second Plan Secondly sector steel plants Smith argues Smith asserts Smith's analysis Smith's scheme Smith's theory Smithian Smithian growth society supply tion TISCO under-developed countries under-developed economy unproductive V. K. R. V. Rao volume wages Wealth of Nations World Bank