Steve Keen Quote

Which comes first — price being set by the intersection of supply and demand, or individual firms equating marginal cost to price?


Chapter 4, Size Does Matter, p. 101 - Debunking Economics - The Naked Emperor Of The Social Sciences (2001)


Which comes first — price being set by the intersection of supply and demand, or individual firms equating marginal cost to price?

Which comes first — price being set by the intersection of supply and demand, or individual firms equating marginal cost to price?

Which comes first — price being set by the intersection of supply and demand, or individual firms equating marginal cost to price?

Which comes first — price being set by the intersection of supply and demand, or individual firms equating marginal cost to price?