Price Determination
Walter E. Block and
Ivan Jankovic
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Walter E. Block: Loyola University New Orleans
Ivan Jankovic: University of Mary
Chapter 3 in Action and Choice, 2022, pp 35-54 from Springer
Abstract:
Abstract In this chapter we will demonstrate the process of price formation in the market. That means we will offer you an explanation of the relationship between the forces of supply and demand, and how they create and tend to maintain the market equilibrium.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-981-19-3751-4_3
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DOI: 10.1007/978-981-19-3751-4_3
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