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The economic organization

“The Economic Organization” provides a short introduction to the basic principles of supply, demand, and distribution that emerge from neoclassical price theory. The central role of the price mechanism in market organization is illustrated neatly by Knight’s "wheel of wealth"—the circular...

Täydet tiedot

Tallennettuna:
Bibliografiset tiedot
Päätekijä: Knight, Frank H.
Aineistotyyppi: Kirja
Kieli:Undetermined
Julkaistu: New York Augustus M. Kelley 1967
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Thư viện lưu trữ: Trung tâm Học liệu Trường Đại học Cần Thơ
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Yhteenveto:“The Economic Organization” provides a short introduction to the basic principles of supply, demand, and distribution that emerge from neoclassical price theory. The central role of the price mechanism in market organization is illustrated neatly by Knight’s "wheel of wealth"—the circular flow diagram most often identified with macroeconomic flows, but introduced here for price theoretic reasons.