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" But this adjustment of production and distribution according to values will be accurate only when he thinks he can get a return greater than his outlay. The merchant buys only when he thinks he can sell at a higher price. In both cases there is always... "
Report - Halaman 29
oleh United States. Industrial Commission - 1901
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Political Science Quarterly, Volume 10

1895 - 808 halaman
...market value compared with the expenses of production, and the merchant will take these commodities to the market where they will command the highest...distribution according to values will be accurate only in proportion to the success of producer and distributor in ascertaining such values. The value of...
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Speculation on the Stock and Produce Exchanges of the United States

Henry Crosby Emery - 1896 - 244 halaman
...proportion to the success of the producer and consumer in ascertaining such values. The producer produces only when he thinks he can get a return greater than...higher price. In both cases there is always the risk that before the production is completed, or the sale made, the value of the commodity may fall. Similarly,...
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Gold Bricks of Speculation: A Study of Speculation and Its Counterfeits, and ...

John J. Hill - 1904 - 562 halaman
...feature," says Professor Emery, " in the economic organization of modern society is the market. From the point of view of the individual the production...higher price. In both cases there is always the risk that before the production is completed or the sale made the value of the commodity mav fall. Similarly,...
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Some Readings in Economics: Prepared for the Use of Students in Course I ...

Fred Manville Taylor - 1907 - 242 halaman
...proportion to the success of the producer and consumer in ascertaining such values. The producer produces only when he thinks he can get a return greater than...higher price. In both cases there is always the risk that before the production is completed, or the sale made, the value of the commodity may fall. Similarly,...
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Future Trading: Hearings Before ..., 66-3, January and February, 1921

United States. Congress. House. Committee on Agriculture - 1921 - 1080 halaman
...of production, is value. Consequently the producer will expend his energies on such commodities us will have the greatest market value as compared with...higher price. " In both cases there is always the risk that before the production is completed or the sale made the value of the commodity may fall. Similarly...
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Readings in Marketing Principles

Ivan Wright, Charles Edward Landon - 1926 - 826 halaman
...feature," says Professor Emery, "in the economic organization of modern society is the market. From the point of view of the individual the production...higher price. In both cases there is always the risk that before the production is completed or the sale made the value of the commodity may fall. Similarly,...
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Studies in History, Economics, and Public Law, Volume 7,Masalah 1-2

1896 - 542 halaman
...proportion to the success of the producer and consumer in ascertaining such values. The producer produces only when he thinks he can get a return greater than...higher price. In both cases there is always the risk that before the production is completed, or the sale made, the value of €he commodity may fall. Similarly,...
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Congressional Serial Set

1901 - 534 halaman
...feature," says Professor Emery, "in the economic organization of modern societv is the market. From the point of view of the individual the production...higher price. In both cases there is always the risk that before the production is completed or the sale made the value of the commodity may fall. Similarly,...
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Reports of the Industrial Commission...

United States. Industrial Commission - 1901 - 548 halaman
...organization of modern society is the market. From the point of view of the individual the production ana distribution of commodities are carried on with a...higher price. In both cases there is always the risk that before the production is completed or the sale made the value of the commodity may fall. Similarly,...
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