Entrepreneurial Discovery and the Law of Supply and Demand »
Posted by: populist 1 month, 2 weeks agoThe entrepreneurial forces acting on the market for any one commodity are thus continually pushing that market toward the market-clearing pointââ;¬"that is, to where (a) the quantity produced is such that (only) all units "worth producing" are indeed produced, and (b) the market price for this commodity is
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