Title: The Demand and Supply Concepts; An Introduction to the Study of Market Price: A Dissertation Submitted to the Faculty of the Graduate School of Arts and Literature in Candidacy for the Degree of Doctor of Philosophy (Department of Political Economy)
Publisher: Forgotten Books
Publication Date: 2019
Language: English
ISBN 10: 0267991169
ISBN 13: 9780267991167
Binding: HRD
Condition: New
Weight: 286 grams

About this title

Synopsis

Explore how markets really work beyond a single price .

This introduction to market price theory examines how demand and supply can vary by time, payment, and delivery, and why there may be many distinct markets for the same commodity.

This book invites readers to rethink classic ideas about price by analyzing how time and bargaining shape what buyers will pay and what sellers will accept. Through clear examples and careful reasoning, it shows how different forms of bargains—cash, futures, credit, and mixed terms—produce a family of demand and supply curves rather than a single line.

Learn how time, not just quantity and price, affects market behavior
See four bargain types that create different demand and supply schedules
Understand why the concept of a universal market price can be misleading
Follow illustrated schedules that tie together quantity, price, and time

Ideal for readers beginning economics or studying market theory, this edition offers a practical framework for understanding how real markets negotiate price over time.

"About this title" may belong to another edition of this title.

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