Outlines of an Industrial Science |
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Page 35
... buyer and a competi- seller , or between a seller and a buyer , whereas Competition indicates the relation between two or more buyers and a seller , or two or more sellers and a buyer . Demand and Supply has reference to the exchange of ...
... buyer and a competi- seller , or between a seller and a buyer , whereas Competition indicates the relation between two or more buyers and a seller , or two or more sellers and a buyer . Demand and Supply has reference to the exchange of ...
Page 36
... buyers have first to settle their differences amongst themselves , and subsequently with the seller , and thus exchange becomes complicated by the element of Com- petition . Meaning Here it may be necessary to explain the meaning of the ...
... buyers have first to settle their differences amongst themselves , and subsequently with the seller , and thus exchange becomes complicated by the element of Com- petition . Meaning Here it may be necessary to explain the meaning of the ...
Page 37
... buyer ; and if we are to suppose the desire to buy must be " combined with a power , " so also must the desire to sell , that is to say , that the seller may have to come down to the price fixed by the buyer , as well as the buyer come ...
... buyer ; and if we are to suppose the desire to buy must be " combined with a power , " so also must the desire to sell , that is to say , that the seller may have to come down to the price fixed by the buyer , as well as the buyer come ...
Page 56
... buyers compete in order to secure possession of some commodity . There is nothing just 1 Newman's Lectures on Political Economy , p . 119 . 2 Bastiat's Harmonie Economique , p . 407 . or beneficent in one man outbidding another for the ...
... buyers compete in order to secure possession of some commodity . There is nothing just 1 Newman's Lectures on Political Economy , p . 119 . 2 Bastiat's Harmonie Economique , p . 407 . or beneficent in one man outbidding another for the ...
Page 58
... buyers compete they are invariably raised . The object of the producer in engaging in any Tendency of compe- tition . 1 Prof. Cairnes asserts that there is a far greater amount of com- petition in the wholesale than in the retail trade ...
... buyers compete they are invariably raised . The object of the producer in engaging in any Tendency of compe- tition . 1 Prof. Cairnes asserts that there is a far greater amount of com- petition in the wholesale than in the retail trade ...
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Common terms and phrases
according action Adam Smith adopted adulteration amount ascer benefit Bombay buyer calicoes capital cause cent china clay classes cloth Commerce commodity competition competitors cotton deductionist Demand and Supply desire of wealth duty economists edition effect element employer employment England English Ethical Sentiment exchange value existence fact facturers forces Hemeistic Herbert Spencer human Illustrated imported increase India individual industrial action Industrial Science influence instance interest interference iron J. S. Mill kind Lancashire land laws less Lord Northbrook Manchester manu manufacturers matter means mental method Mill modern English school monopoly motive nature necessary never object obtain operation phenomena physical Political Economy possession Practical prevision principle production Prof profits purchase quantity question rate of wages reduction regarded rent result self-interest seller social affections society term thing tion trade wants Wealth of Nations whole workmen
Popular passages
Page 19 - Wood-Cuts, Problems, and Examples, and concluded by an Extensive Table for finding the Solidity in cubic yards from Mean Areas. The whole being adapted for convenient use by Engineers, Surveyor*, Contractors, and others needing Correct Measurements of Earthwork.
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Page 15 - Political Economy considers mankind as occupied solely in acquiring and consuming wealth ; and aims at showing what is the course of action into which mankind, living in a state of society, would be impelled, if that motive, except in the degree in which it is checked by the two perpetual counter-motives above adverted to, were absolute ruler of all their actions.
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Page 15 - It is concerned with him solely as a being who desires to possess wealth, and who is capable of judging of the comparative efficacy of means for obtaining that end.