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Re: Profit and Value, was: Re(2): [ox-en] extrinsic motivation = coercion



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2009/5/7 marc fawzi <marc.fawzi gmail.com>

Re: "true equilibrium"

Supply can be limited artificially to raise price which will not be
the actual (non-artificial) equilibrium price, yet it is always called
"equilibrium price" by economists! which undermines the truth in most
cases.

"True equilibrium" is when the supply is made sustainably abundant,
i.e. when anyone who wants any quantity of the given good/service can
have it at the cost (plus fixed margin of profit if we want to provide
for 'possibility' [of new inventions, reinvestment of profit in
community, etc] not just sustainability of production)



ok,

that situation  usually happens in a free market without monopolies.



-- 
Diego Saravia
Diego.Saravia gmail.com
NO FUNCIONA->dsa unsa.edu.ar


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