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Prices and Quantities

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Problems of the Planned Economy

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Abstract

These are the most directly and readily observable attributes of commodities (goods and services produced for and exchanged on the market). Both price and quantity relate to a unit (piece, bushel, barrel, pound etc.), established usually by commercial practice as the customary unit of reckoning.

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Authors

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John Eatwell Murray Milgate Peter Newman

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© 1990 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Brody, A. (1990). Prices and Quantities. In: Eatwell, J., Milgate, M., Newman, P. (eds) Problems of the Planned Economy. The New Palgrave. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-20863-0_32

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  • DOI: https://doi.org/10.1007/978-1-349-20863-0_32

  • Publisher Name: Palgrave Macmillan, London

  • Print ISBN: 978-0-333-49549-0

  • Online ISBN: 978-1-349-20863-0

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