Alchian, Armen Albert
Belmont, Calif : Wadsworth, c1969
Abstract: scarcity, competitive bahavior and economics - some behavior postulates - basis of exchange - demand and the laws of demand - market demand, allocation and equilibrium price - applications of demand analysis to market pricing and allocation - price-takers' and price-searchers' markets - nonclearing market prices - allocation of consumable goods over Times : Speculation - production, exchange, specialization and efficiency - production in various market conditions - production with mark ...; [Read more...]
scarcity, competitive bahavior and economics - some behavior postulates - basis of exchange - demand and the laws of demand - market demand, allocation and equilibrium price - applications of demand analysis to market pricing and allocation - price-takers' and price-searchers' markets - nonclearing market prices - allocation of consumable goods over Times : Speculation - production, exchange, specialization and efficiency - production in various market conditions - production with market restrictions, exchange and property enforcement costs and public goods - capital values, interest rates and wealth - costs and output programs - the business firm and profits - production by firms in price-takers' open markets - production and pricing in price-searchers' open markets - sellers' tactics for changing market conditions - derived demand for productive resources - wages, employment and unemployment in open markets- labor market restrictions - interest, saving and investing - growth and distribution of wealth.