Outline and Summary of Price Theory: To Supplement and Amend Ely, Outlines of Economics

Ross B. Emmett

A chapter in Frank H. Knight in Iowa City, 1919–1928, 2011, pp 393-407 from Emerald Group Publishing Limited

Abstract: The subject for study at present is the manner in which the prices ofconsumption goods and servicesare fixedunder competition. The theory of price under monopoly is treated as a separate topic (Ely, Chapter XIII); and the theory of the prices of productive goods, that is, the theory of wages, rent, and interest, which are the prices of labor and the use of land and capital, are also treated separately under the head of Distribution. (See Ely, pp. 177–178, and Chapters XX–XXVII.)

Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:eme:rhetzz:s0743-4154(2011)000029b049

DOI: 10.1108/S0743-4154(2011)000029B049

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