Generally speaking, changes in the prices of finished goods are "cost determined" while changes in the prices of raw materials inclusive of primary foodstuffs are "demand determined".


Chapter 1, Cost and Prices, p. 11 - Theory of Economic Dynamics (1965)

Michał Kalecki Quotes

Generally speaking, changes in the prices of finished goods are cost determined while changes in the prices of raw materials inclusive of primary...

Generally speaking, changes in the prices of finished goods are cost determined while changes in the prices of raw materials inclusive of primary...

Generally speaking, changes in the prices of finished goods are cost determined while changes in the prices of raw materials inclusive of primary...

Generally speaking, changes in the prices of finished goods are cost determined while changes in the prices of raw materials inclusive of primary...